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Exam 17: International Management

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Question 21

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Permitting subsidiaries to adapt product and services to suit their needs reflects the ______________ Approach to international business strategy:

A) globalisation
B) national responsiveness
C) rationalisation
D) multifocal emphasis

E) None of the above
F) B) and C)

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Question 22

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A company has a variety of methods it might choose for entering into business competition in a foreign country. The text indicates that a relatively low-risk choice for a manufacturing company is:

A) establishing a joint venture.
B) exporting.
C) licensing.
D) operating wholly owned subsidiaries.

E) B) and C)
F) A) and B)

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Question 23

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In 2007, the largest multinational manufacturing company in the world was:

The multifocal emphasis approach to international business strategy would best be described as:

Bartol indicates that the rate of failure among expatriate managers is relatively high. To counter the difficulties these foreign managers face in working in different countries, Bartol suggests that companies look more closely at the _____________ of prospective candidates for these positions.

According to Skinner (1964) , there are four intermeshing systems of the mega-environment which impinge upon managers at work. They are the technical, political, economic and________ systems.

What are the major social responsibility and ethics issues related to international management?

Malaysia, Taiwan and South Korea are among a group of countries that have become major exporters of manufactured goods. These countries are referred to as:

What are the four major strategies for multinational corporations and how can they be contrasted?

In an MNC, if your title is 'Vice President of Middle Eastern Division', most likely your company uses the ______________ form of organisation structure.

How is a networked structure different from the other five structure types?

One approach to managerial positions in overseas operations, the _______________, emphasises the need for each subsidiary to have a manager who is well-versed in the policies and procedures of the overall multinational company.

Porter identifies four national attributes that alone and together set the diamond of national advantage. These are factor conditions, related and supporting industries, firm strategy, structure and rivalry and _________________.

Cultural differences play important roles in determining which leadership styles might be more successful in a particular country. A highly participative democratic style of leadership, for example, would be more likely to succeed in a country with:

If an international organisation is concerned about a country's infrastructure, it is concerned about the country's:

Globalisation is based on the idea of products used around the globe with:

What is a multi-national corporation and four management orientations that might be relevant to it?

Four appropriate strategy options for company international expansion are worldwide integration, national responsiveness, regional responsiveness and multifocal emphasis.

When a company tries to deter competition by selling through foreign sales representatives who are locals, it is likely that the company is addressing one of the disadvantages associated with:

Expropriation refers to: