Question 1

Which of the following is NOT a typical reason for forming cross-border alliances?

Accepted Answer

A)  to avoid import barriers 
B)  to share R&D costs and risks 
C)  to gain access to specific markets 
D)  to test marketing campaigns overseas 
A)  to avoid import barriers 
B)  to share R&D costs and risks 
C)  to gain access to specific markets 
D)  to test marketing campaigns overseas

Question 2

MNCs often partner with local small enterprises to capture new ideas and innovations.

Accepted Answer

A) True 
 B)False

Question 3

Cross-border alliances are used to gain rapid entry into a new or consolidating industry and to take advantage of synergies.

Accepted Answer

A) True 
 B)False

Question 4

In a cross-border alliance,cultural differences can be overlooked when ________.

Accepted Answer

A)  the target country is similar to the home country 
B)  when there is a considerable difference in practices of the target country 
C)  the target country has a high number of domestic mergers 
D)  the target country insists on participating in the decision-making processes 
A)  the target country is similar to the home country 
B)  when there is a considerable difference in practices of the target country 
C)  the target country has a high number of domestic mergers 
D)  the target country insists on participating in the decision-making processes

Question 5

Which of the following terms refers to a bond between specially connected firms that generates preferential treatment to members of the network?

Accepted Answer

A)  kanban 
B)  kaizen 
C)  guanxihu 
D)  guanxi 
A)  kanban 
B)  kaizen 
C)  guanxihu 
D)  guanxi

Question 6

________ are transition mechanisms that propel the partners' strategies forward in a turbulent environment faster than would be possible for each company alone.

Accepted Answer

A)  Cooperative strategies 
B)  Entry strategies 
C)  Options strategies 
D)  Competitive strategies 
A)  Cooperative strategies 
B)  Entry strategies 
C)  Options strategies 
D)  Competitive strategies

Question 7

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

Accepted Answer

A)  knowledge management 
B)  employee value proposition 
C)  employee retention 
D)  business process outsourcing 
A)  knowledge management 
B)  employee value proposition 
C)  employee retention 
D)  business process outsourcing

Question 8

Runnerz Inc.,a leading manufacturing and retail company that designs and develops footwear and apparel,has signed a contract with a particular courier service for managing the delivery process.The courier service is required to deliver goods from the factory to the warehouse,to customers,and also to collect customer payments for the goods.This is a typical example of a(n)________.

Accepted Answer

A)  non-equity strategic alliance 
B)  turnkey operation 
C)  greenfield investment 
D)  international licensing agreement 
A)  non-equity strategic alliance 
B)  turnkey operation 
C)  greenfield investment 
D)  international licensing agreement

Question 9

The dual role of strategic alliance refers to the ________.

Accepted Answer

A)  constant requirement of resources and markets 
B)  process of finding skilled personnel and training them to work efficiently 
C)  conflict between cooperation and competition 
D)  differences between home and host governments 
A)  constant requirement of resources and markets 
B)  process of finding skilled personnel and training them to work efficiently 
C)  conflict between cooperation and competition 
D)  differences between home and host governments

Question 10

What motivates a company to develop a cross-border alliance?

Accepted Answer

The commonly noted motivations for devel

Question 11

The need for knowledge management in IJVs primarily stems from ________.

Accepted Answer

A)  employee concerns regarding job security and benefits 
B)  cultural and system differences between partners 
C)  local government regulations and restrictions 
D)  proprietary information legalities 
A)  employee concerns regarding job security and benefits 
B)  cultural and system differences between partners 
C)  local government regulations and restrictions 
D)  proprietary information legalities

Question 12

All of the following are cooperative aspects of strategic alliances EXCEPT ________.

Accepted Answer

A)  creating economies of scale in tangible assets 
B)  forming upstream-downstream divisions of labor 
C)  limiting investment risks through shared resources 
D)  learning new intangible skills from alliance partners 
A)  creating economies of scale in tangible assets 
B)  forming upstream-downstream divisions of labor 
C)  limiting investment risks through shared resources 
D)  learning new intangible skills from alliance partners

Question 13

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics.Thomson owns 33% and TCL owns the remaining 67% of TCL-Thomson Electronics.This is best described as a(n)________.

Accepted Answer

A)  turnkey operation 
B)  acquisition 
C)  international licensing agreement 
D)  equity strategic alliance 
A)  turnkey operation 
B)  acquisition 
C)  international licensing agreement 
D)  equity strategic alliance

Question 14

The conscious and active management of creating,disseminating,evolving,and applying knowledge to strategic ends is known as a strategic alliance.

Accepted Answer

A) True 
 B)False

Question 15

Cross-border allies often have difficulty collaborating effectively,especially in competitively sensitive areas.This generally leads to ________.

Accepted Answer

A)  mistrust and secrecy 
B)  limitation of investment 
C)  short-term corporate restructuring 
D)  lowering of exit barriers 
A)  mistrust and secrecy 
B)  limitation of investment 
C)  short-term corporate restructuring 
D)  lowering of exit barriers

Question 16

Joint ventures are often the chosen form of multinational firm alliances because they ________.

Accepted Answer

A)  provide greater control of proprietary technology 
B)  increase the level of competition between partner firms 
C)  enhance the specific skills of the personnel 
D)  enhance the rewards of the firm 
A)  provide greater control of proprietary technology 
B)  increase the level of competition between partner firms 
C)  enhance the specific skills of the personnel 
D)  enhance the rewards of the firm

Question 17

Opening its own subsidiaries in the host country may be better than contracting with an outside firm in the host country,if it is crucial for the firm to ________.

Accepted Answer

A)  produce gains in efficiency, productivity, and quality 
B)  keep control of proprietary technology and processes 
C)  minimize job losses in the home country 
D)  market its products in the host country 
A)  produce gains in efficiency, productivity, and quality 
B)  keep control of proprietary technology and processes 
C)  minimize job losses in the home country 
D)  market its products in the host country

Question 18

Describe the process of knowledge management in international joint ventures.

Accepted Answer

Knowledge management is the conscious an

Which of the following is NOT a typical reason for forming cross-border alliances?

MNCs often partner with local small enterprises to capture new ideas and innovations.

Cross-border alliances are used to gain rapid entry into a new or consolidating industry and to take advantage of synergies.

In a cross-border alliance,cultural differences can be overlooked when ________.

Which of the following terms refers to a bond between specially connected firms that generates preferential treatment to members of the network?

________ are transition mechanisms that propel the partners' strategies forward in a turbulent environment faster than would be possible for each company alone.

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

The dual role of strategic alliance refers to the ________.

What motivates a company to develop a cross-border alliance?

The need for knowledge management in IJVs primarily stems from ________.

All of the following are cooperative aspects of strategic alliances EXCEPT ________.

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics.Thomson owns 33% and TCL owns the remaining 67% of TCL-Thomson Electronics.This is best described as a(n)________.

The conscious and active management of creating,disseminating,evolving,and applying knowledge to strategic ends is known as a strategic alliance.

Cross-border allies often have difficulty collaborating effectively,especially in competitively sensitive areas.This generally leads to ________.

Joint ventures are often the chosen form of multinational firm alliances because they ________.

Opening its own subsidiaries in the host country may be better than contracting with an outside firm in the host country,if it is crucial for the firm to ________.

Describe the process of knowledge management in international joint ventures.

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

Which of the following is NOT a typical reason for forming cross-border alliances?

MNCs often partner with local small enterprises to capture new ideas and innovations.

Cross-border alliances are used to gain rapid entry into a new or consolidating industry and to take advantage of synergies.

In a cross-border alliance,cultural differences can be overlooked when ________.

Which of the following terms refers to a bond between specially connected firms that generates preferential treatment to members of the network?

________ are transition mechanisms that propel the partners' strategies forward in a turbulent environment faster than would be possible for each company alone.

Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees?

The dual role of strategic alliance refers to the ________.

What motivates a company to develop a cross-border alliance?

The need for knowledge management in IJVs primarily stems from ________.

All of the following are cooperative aspects of strategic alliances EXCEPT ________.

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics.Thomson owns 33% and TCL owns the remaining 67% of TCL-Thomson Electronics.This is best described as a(n)________.

The conscious and active management of creating,disseminating,evolving,and applying knowledge to strategic ends is known as a strategic alliance.

Cross-border allies often have difficulty collaborating effectively,especially in competitively sensitive areas.This generally leads to ________.

Joint ventures are often the chosen form of multinational firm alliances because they ________.

Opening its own subsidiaries in the host country may be better than contracting with an outside firm in the host country,if it is crucial for the firm to ________.

Describe the process of knowledge management in international joint ventures.

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