Question 1

Among the most important barriers to international trade are the different standards for products and services.

Accepted Answer

A) True 
 B)False

Question 2

The most successful MNCs move into a fifth stage of international development in which they have worldwide human resources,R&D,and financing strategies.

Accepted Answer

A) True 
 B)False

Question 3

Employees who are sent on international assignments by their firms are known as

Accepted Answer

A)  commuters. 
B)  expatriates. 
C)  stealth employees. 
D)  telecommuters. 
E)  executives. 
A)  commuters. 
B)  expatriates. 
C)  stealth employees. 
D)  telecommuters. 
E)  executives.

Question 4

Transferring profits from a foreign subsidiary to the parent corporation through dividends,royalties,or management fees is called

Accepted Answer

A)  technology transfer. 
B)  activity-based costing. 
C)  transfer pricing. 
D)  repatriation of profits. 
E)  transnational funding. 
A)  technology transfer. 
B)  activity-based costing. 
C)  transfer pricing. 
D)  repatriation of profits. 
E)  transnational funding.

Question 5

Foreign units of MNCs are evaluated more as investment or profit centers.

Accepted Answer

A) True 
 B)False

Question 6

What percent of midsize and larger companies send some of their employees abroad?

Accepted Answer

A)  10% 
B)  25% 
C)  40% 
D)  60% 
E)  80% 
A)  10% 
B)  25% 
C)  40% 
D)  60% 
E)  80%

Question 7

The research findings on the stages of international development suggest

Accepted Answer

A)  some support for the stages of international development, but not necessarily the sequence of stages. 
B)  no support for the stages of international development. 
C)  widespread support for the sequence of stages. 
D)  firms cannot skip stages of the development sequence. 
E)  all divisions of a corporation must be at the same stage of development at the same time. 
A)  some support for the stages of international development, but not necessarily the sequence of stages. 
B)  no support for the stages of international development. 
C)  widespread support for the sequence of stages. 
D)  firms cannot skip stages of the development sequence. 
E)  all divisions of a corporation must be at the same stage of development at the same time.

Question 8

What is the activity that occurs in the last stage of international development?

Accepted Answer

A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies thereby denationalizing its operations. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets. 
A)  The company invests in production facilities in key countries. 
B)  The company exports, but trade is minor and handled by an export department. 
C)  The company establishes its own export division with sales offices in other countries. 
D)  The company operates in a global industry and establishes worldwide human resources, R&D, and financing strategies thereby denationalizing its operations. 
E)  The company establishes local operating divisions in host countries to better serve individual country markets.

Question 9

Management contracts are used in international dealings

Accepted Answer

A)  as a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  as a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  when an MNC typically contracts for construction of operating facilities in exchange for a fee. 
A)  as a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC. 
B)  as a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country. 
C)  when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce. 
D)  when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time. 
E)  when an MNC typically contracts for construction of operating facilities in exchange for a fee.

Question 10

European multi-national corporations seldom use people with an international orientation to staff their management positions.

Accepted Answer

A) True 
 B)False

Question 11

What are the more popular options for international entry?

Accepted Answer

There are several popular options for in

Question 12

An MNC uses which international strategy for entering a foreign market by combining the higher labor skills and technology available in the developed countries with the lower cost labor available in the developing countries?

Accepted Answer

A)  licensing 
B)  joint ventures 
C)  production sharing 
D)  exporting 
E)  acquisitions 
A)  licensing 
B)  joint ventures 
C)  production sharing 
D)  exporting 
E)  acquisitions

Question 13

Which of the following is not true of the drivers for strategic fit between alliance partners?

Accepted Answer

A)  The alliance must be important to both partners. 
B)  Partners must be mutually dependent for achieving clear and realistic objectives. 
C)  The alliance need not be accepted by key stakeholders. 
D)  Partners contribute key strengths. 
E)  Partners protect core competencies. 
A)  The alliance must be important to both partners. 
B)  Partners must be mutually dependent for achieving clear and realistic objectives. 
C)  The alliance need not be accepted by key stakeholders. 
D)  Partners contribute key strengths. 
E)  Partners protect core competencies.

Question 14

Within a year of returning home,25% of expats

Accepted Answer

A)  leave the company to join a competitor. 
B)  get promoted. 
C)  take a headquarters position. 
D)  take another international assignment. 
E)  mentor other expats. 
A)  leave the company to join a competitor. 
B)  get promoted. 
C)  take a headquarters position. 
D)  take another international assignment. 
E)  mentor other expats.

Question 15

Executive recruiters have reported that more major corporations are

Accepted Answer

A)  now requiring candidates to have international experience. 
B)  eliminating international assignments. 
C)  de-emphasizing the need for international experience. 
D)  eliminating stealth expatriate positions. 
E)  replacing executives with accidental expats. 
A)  now requiring candidates to have international experience. 
B)  eliminating international assignments. 
C)  de-emphasizing the need for international experience. 
D)  eliminating stealth expatriate positions. 
E)  replacing executives with accidental expats.

Question 16

The reasons cited for a large percent of expats sent abroad who return home early are

Accepted Answer

A)  failure to learn the language and difficult job responsibilities. 
B)  difficulties adjusting to the culture and the language. 
C)  job dissatisfaction or difficulties adjusting to a foreign country. 
D)  job dissatisfaction and lack of technical skills. 
E)  lack of technical skills and inability to fulfill job responsibilities. 
A)  failure to learn the language and difficult job responsibilities. 
B)  difficulties adjusting to the culture and the language. 
C)  job dissatisfaction or difficulties adjusting to a foreign country. 
D)  job dissatisfaction and lack of technical skills. 
E)  lack of technical skills and inability to fulfill job responsibilities.

Question 17

Research indicates that a multi-national corporation performs at a higher level when its CEO has international experience.

Accepted Answer

A) True 
 B)False

Question 18

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

Accepted Answer

A)  licensing 
B)  joint ventures 
C)  production sharing 
D)  exporting 
E)  acquisitions 
A)  licensing 
B)  joint ventures 
C)  production sharing 
D)  exporting 
E)  acquisitions

Question 19

One benefit of a U.S.company entering a joint venture with an international firm is that it

Accepted Answer

A)  reduces the risks of expropriation by host country officials. 
B)  enhances the policy of the host country's takeover of the firm. 
C)  promotes skepticism among other countries not involved in the merger. 
D)  encourages competitors to work with the company. 
E)  increases revenues by 20%. 
A)  reduces the risks of expropriation by host country officials. 
B)  enhances the policy of the host country's takeover of the firm. 
C)  promotes skepticism among other countries not involved in the merger. 
D)  encourages competitors to work with the company. 
E)  increases revenues by 20%.

Question 20

What type of partner is favored by firms when forming new alliances?

Accepted Answer

A)  entrepreneurial firms 
B)  firms in alliances with multiple other firms 
C)  small organizations 
D)  past partners 
E)  large organizations 
A)  entrepreneurial firms 
B)  firms in alliances with multiple other firms 
C)  small organizations 
D)  past partners 
E)  large organizations

Among the most important barriers to international trade are the different standards for products and services.

The most successful MNCs move into a fifth stage of international development in which they have worldwide human resources,R&D,and financing strategies.

Employees who are sent on international assignments by their firms are known as

Transferring profits from a foreign subsidiary to the parent corporation through dividends,royalties,or management fees is called

Foreign units of MNCs are evaluated more as investment or profit centers.

What percent of midsize and larger companies send some of their employees abroad?

The research findings on the stages of international development suggest

What is the activity that occurs in the last stage of international development?

Management contracts are used in international dealings

European multi-national corporations seldom use people with an international orientation to staff their management positions.

What are the more popular options for international entry?

An MNC uses which international strategy for entering a foreign market by combining the higher labor skills and technology available in the developed countries with the lower cost labor available in the developing countries?

Which of the following is not true of the drivers for strategic fit between alliance partners?

Within a year of returning home,25% of expats

Executive recruiters have reported that more major corporations are

The reasons cited for a large percent of expats sent abroad who return home early are

Research indicates that a multi-national corporation performs at a higher level when its CEO has international experience.

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

One benefit of a U.S.company entering a joint venture with an international firm is that it

What type of partner is favored by firms when forming new alliances?

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 9: Strategy Implementation: Global Strategy

Among the most important barriers to international trade are the different standards for products and services.

The most successful MNCs move into a fifth stage of international development in which they have worldwide human resources,R&D,and financing strategies.

Employees who are sent on international assignments by their firms are known as

Transferring profits from a foreign subsidiary to the parent corporation through dividends,royalties,or management fees is called

Foreign units of MNCs are evaluated more as investment or profit centers.

What percent of midsize and larger companies send some of their employees abroad?

The research findings on the stages of international development suggest

What is the activity that occurs in the last stage of international development?

Management contracts are used in international dealings

European multi-national corporations seldom use people with an international orientation to staff their management positions.

What are the more popular options for international entry?

An MNC uses which international strategy for entering a foreign market by combining the higher labor skills and technology available in the developed countries with the lower cost labor available in the developing countries?

Which of the following is not true of the drivers for strategic fit between alliance partners?

Within a year of returning home,25% of expats

Executive recruiters have reported that more major corporations are

The reasons cited for a large percent of expats sent abroad who return home early are

Research indicates that a multi-national corporation performs at a higher level when its CEO has international experience.

An MNC uses which international strategy for entering a foreign market by associating itself with a firm in the host country or a government agency in that country to combine resources and expertise needed for the development of a new product or technologies?

One benefit of a U.S.company entering a joint venture with an international firm is that it

What type of partner is favored by firms when forming new alliances?

Basic Concepts in Strategic Management

Corporate Governance

Social Responsibility and Ethics in Strategic Management

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters