Question 1

Parent companies use the IJV control process in order to ensure that the management of the joint venture conforms to ________.

Accepted Answer

A)  international accounting standards 
B)  qualitative standards 
C)  its own interests 
D)  industry standards 
A)  international accounting standards 
B)  qualitative standards 
C)  its own interests 
D)  industry standards

Question 2

Which of the following is a competitive aspect of strategic alliances?

Accepted Answer

A)  sharing resources to limit investment risk when entering new markets or uncertain technological fields 
B)  lowering exit barriers in mature industries, therefore, assisting short-term corporate restructurings 
C)  accelerating diffusion of industry standards and new technologies to create barriers to entry 
D)  creating a critical mass to develop new technologies to protect domestic, strategic industries 
A)  sharing resources to limit investment risk when entering new markets or uncertain technological fields 
B)  lowering exit barriers in mature industries, therefore, assisting short-term corporate restructurings 
C)  accelerating diffusion of industry standards and new technologies to create barriers to entry 
D)  creating a critical mass to develop new technologies to protect domestic, strategic industries

Question 3

International joint ventures are like a marriage because ________.

Accepted Answer

A)  the firms cannot be separated into single entities after the merging 
B)  each firm will have access to all of the others' proprietary technologies and competitively sensitive information 
C)  the more issues that can be settled before the merger, the less likely it will be to break up 
D)  each firm will have equal decision-making powers 
A)  the firms cannot be separated into single entities after the merging 
B)  each firm will have access to all of the others' proprietary technologies and competitively sensitive information 
C)  the more issues that can be settled before the merger, the less likely it will be to break up 
D)  each firm will have equal decision-making powers

Question 4

The initial challenge in implementing strategies in emerging markets is likely to be how to ________.

Accepted Answer

A)  compete with other emerging markets 
B)  allocate responsibilities between the partners 
C)  set up new policies and regulations 
D)  navigate poor infrastructures 
A)  compete with other emerging markets 
B)  allocate responsibilities between the partners 
C)  set up new policies and regulations 
D)  navigate poor infrastructures

Question 5

One major disadvantage of cross-border alliances is that there is a potential loss of a company's technology and knowledge.

Accepted Answer

A) True 
 B)False

Question 6

Working partnerships between two or more companies across national boundaries and increasingly across industries are referred to as global strategic alliances.

Accepted Answer

A) True 
 B)False

Question 7

________ is the conscious and active management of creating,disseminating,evolving,and applying facts,information,or skills acquired through experience or education,to strategic ends.

Accepted Answer

A)  Business continuity management 
B)  Employee value proposition 
C)  Knowledge management 
D)  Employee retention 
A)  Business continuity management 
B)  Employee value proposition 
C)  Knowledge management 
D)  Employee retention

Question 8

According to Dovev Lavie,which of the following is a value-creation strategy?

Accepted Answer

A)  setting organizational buffers between competing partners 
B)  allying with multiple partners in one industry to limit power 
C)  assimilating network resources to acquire new skills and capabilities 
D)  aligning organizational units to create coherent interfaces 
A)  setting organizational buffers between competing partners 
B)  allying with multiple partners in one industry to limit power 
C)  assimilating network resources to acquire new skills and capabilities 
D)  aligning organizational units to create coherent interfaces

Question 9

________ refers to the processes that management puts in place in order to direct the success of the joint venture's goals.

Accepted Answer

A)  IJV control 
B)  Knowledge management 
C)  Turnkey operations 
D)  Offshoring 
A)  IJV control 
B)  Knowledge management 
C)  Turnkey operations 
D)  Offshoring

Question 10

A(n)________ refers to a JV among companies in different countries.

Accepted Answer

A)  international joint venture 
B)  equity joint venture 
C)  global joint venture 
D)  transnational joint venture 
A)  international joint venture 
B)  equity joint venture 
C)  global joint venture 
D)  transnational joint venture

Question 11

According to Berdrow and Lane,the process of transformation can be defined as ________.

Accepted Answer

A)  transforming the existing knowledge of parents and managing the flow of this transformed knowledge between parents 
B)  managing the transformation and creation of knowledge within the IJV through its independent activities 
C)  capturing and keeping knowledge that exists within the local partners confidential 
D)  managing the flow of transformed and newly created knowledge from the IJV back to the parents 
A)  transforming the existing knowledge of parents and managing the flow of this transformed knowledge between parents 
B)  managing the transformation and creation of knowledge within the IJV through its independent activities 
C)  capturing and keeping knowledge that exists within the local partners confidential 
D)  managing the flow of transformed and newly created knowledge from the IJV back to the parents

Question 12

Which of the following is NOT a characteristic of strategic implementation of the McDonald's corporation?

Accepted Answer

A)  minimizing autonomy 
B)  hiring locals whenever possible 
C)  forming paradigm-busting arrangements with suppliers 
D)  making minor changes to the standard menu based on location 
A)  minimizing autonomy 
B)  hiring locals whenever possible 
C)  forming paradigm-busting arrangements with suppliers 
D)  making minor changes to the standard menu based on location

Question 13

What are some of the challenges in implementing global alliances?

Accepted Answer

Problems relate to shared ownership,diff

Question 14

Which of the following represents government influence on IJVs?

Accepted Answer

A)  copyright protection 
B)  partnership of firm 
C)  organization structure 
D)  negotiation practice 
A)  copyright protection 
B)  partnership of firm 
C)  organization structure 
D)  negotiation practice

Question 15

A de-merger is a transition mechanism that propels the partner's strategies forward in a turbulent environment faster than would be possible for each company alone.

Accepted Answer

A) True 
 B)False

Question 16

Organizational design as a mechanism for factoring international joint venture control refers to the ________.

Accepted Answer

A)  human resource plans and policies of the joint venture 
B)  market share and profitability ratios of the organization 
C)  geographic location of the joint venture's facilities 
D)  amount of decision-making power that the joint venture holds 
A)  human resource plans and policies of the joint venture 
B)  market share and profitability ratios of the organization 
C)  geographic location of the joint venture's facilities 
D)  amount of decision-making power that the joint venture holds

Question 17

Guanxihu refers to a bond between specially connected firms that generates preferential treatment for members of the network.

Accepted Answer

A) True 
 B)False

Question 18

In a highly competitive environment,alliances are a slow and risky route to globalization,and therefore,are likely to be avoided.

Accepted Answer

A) True 
 B)False

Question 19

Why should a company seek a global alliance over other forms of market entry?

Accepted Answer

Alliances have advantages over other ent

Question 20

SoftCorp and TechGig,upcoming software companies in San Diego,have decided to create a new and independent telecommunications company,ST-source.Each parent firm has agreed to have 50 percent equity in the new company.This is an example of a(n)________.

Accepted Answer

A)  e-business 
B)  subsidiary 
C)  franchise 
D)  joint venture 
A)  e-business 
B)  subsidiary 
C)  franchise 
D)  joint venture

Parent companies use the IJV control process in order to ensure that the management of the joint venture conforms to ________.

Which of the following is a competitive aspect of strategic alliances?

International joint ventures are like a marriage because ________.

The initial challenge in implementing strategies in emerging markets is likely to be how to ________.

One major disadvantage of cross-border alliances is that there is a potential loss of a company's technology and knowledge.

Working partnerships between two or more companies across national boundaries and increasingly across industries are referred to as global strategic alliances.

________ is the conscious and active management of creating,disseminating,evolving,and applying facts,information,or skills acquired through experience or education,to strategic ends.

According to Dovev Lavie,which of the following is a value-creation strategy?

________ refers to the processes that management puts in place in order to direct the success of the joint venture's goals.

A(n)________ refers to a JV among companies in different countries.

According to Berdrow and Lane,the process of transformation can be defined as ________.

Which of the following is NOT a characteristic of strategic implementation of the McDonald's corporation?

What are some of the challenges in implementing global alliances?

Which of the following represents government influence on IJVs?

A de-merger is a transition mechanism that propels the partner's strategies forward in a turbulent environment faster than would be possible for each company alone.

Organizational design as a mechanism for factoring international joint venture control refers to the ________.

Guanxihu refers to a bond between specially connected firms that generates preferential treatment for members of the network.

In a highly competitive environment,alliances are a slow and risky route to globalization,and therefore,are likely to be avoided.

Why should a company seek a global alliance over other forms of market entry?

SoftCorp and TechGig,upcoming software companies in San Diego,have decided to create a new and independent telecommunications company,ST-source.Each parent firm has agreed to have 50 percent equity in the new company.This is an example of a(n)________.

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Organization Structure and Control Systems

Staffing,Training,and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters

Exam 7: Global Alliances and Strategy Implementation

Parent companies use the IJV control process in order to ensure that the management of the joint venture conforms to ________.

Which of the following is a competitive aspect of strategic alliances?

International joint ventures are like a marriage because ________.

The initial challenge in implementing strategies in emerging markets is likely to be how to ________.

One major disadvantage of cross-border alliances is that there is a potential loss of a company's technology and knowledge.

Working partnerships between two or more companies across national boundaries and increasingly across industries are referred to as global strategic alliances.

________ is the conscious and active management of creating,disseminating,evolving,and applying facts,information,or skills acquired through experience or education,to strategic ends.

According to Dovev Lavie,which of the following is a value-creation strategy?

________ refers to the processes that management puts in place in order to direct the success of the joint venture's goals.

A(n)________ refers to a JV among companies in different countries.

According to Berdrow and Lane,the process of transformation can be defined as ________.

Which of the following is NOT a characteristic of strategic implementation of the McDonald's corporation?

What are some of the challenges in implementing global alliances?

Which of the following represents government influence on IJVs?

A de-merger is a transition mechanism that propels the partner's strategies forward in a turbulent environment faster than would be possible for each company alone.

Organizational design as a mechanism for factoring international joint venture control refers to the ________.

Guanxihu refers to a bond between specially connected firms that generates preferential treatment for members of the network.

In a highly competitive environment,alliances are a slow and risky route to globalization,and therefore,are likely to be avoided.

Why should a company seek a global alliance over other forms of market entry?

SoftCorp and TechGig,upcoming software companies in San Diego,have decided to create a new and independent telecommunications company,ST-source.Each parent firm has agreed to have 50 percent equity in the new company.This is an example of a(n)________.

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Organization Structure and Control Systems

Staffing,Training,and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters