CHP 12- INB 300 Patrick, CHP 13- INB 300 Patrick

Which of the following is the fifth C that implicates actions for non-HR (human resource) managers?

Career

From a resource-based standpoint, a fundamental basis for competitive advantage is innovation-based firm heterogeneity. _____ virtually guarantees that there will be persistent heterogeneity in the solutions generated.

Decentralized R&D work performed by different teams around the world

_____ refers to longer-term, broader preparation to improve managerial skills for a better career.

Development

TrinkCan Inc., a soft drink company in Wales, establishes new branches in England, Australia, and the United States. To minimize its costs, the company uses similar packaging, distribution, and promotion across all the countries. According to the integration-responsiveness framework, which of the following strategies is used by TrinkCan?

Global standardization strategy

Frolik Foods Inc., a fast food franchise in the United States, opens a new outlet in Germany. The franchise develops recipes in the U.S. and then transfers them to its outlets in Germany. Which of the following strategies is being used by Frolik Foods?

Home replication strategy

Which of the following statements is true of a polycentric approach in staffing?

Host-country nationals (HCNs) provide continuity of management as they stay in their positions for a long period of time.

In the context of organizational cultures, which of the following is true of a wolf culture?

It centers on relentless pursuit with highly motivated employees working overtime.

Which of the following is a leading problem with the international division organizational structure?

It does not give sufficient voice to foreign subsidiary managers relative to the heads of domestic divisions.

Which of the following statements is true of a geographic area structure?

It encourages the fragmentation of the multinational enterprises into fiefdoms.

Which of the following statements is true of a global product division structure?

It is highly responsive to cost reduction pressures.

Which of the following is an advantage of adopting a home replication strategy?

It is relatively easy to implement

Which of the following is a disadvantage of adopting a home replication strategy?

It often lacks local responsiveness.

In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a localization strategy?

Knowledge is developed and retained within each subsidiary.

In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a transnational strategy?

Knowledge is developed jointly and shared worldwide.

In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a global standardization strategy?

Knowledge is mostly developed and retained at the center and key locations.

Which of the following statements is true of multinational enterprises' (MNEs') strategic postures and staffing approaches?

MNEs pursuing a global standardization strategy often require a geocentric approach.

_____ refers to human resource management (HRM) activities associated with hiring employees and filling positions.

Staffing

Which of the following is true of performance appraisal meetings conducted by western multinational enterprises (MNEs) in high power distance countries?

These meetings are not of much help as employees themselves do not place a lot of importance on self-expression.

To avoid expatriate failure, which of the following is true of the firms that use situation dimensions to select expatriates?

They prefer employees with some command of the local language.

_____ is specific preparation to do a particular job.

Training

Formal structures are easier to observe and imitate than informal structures and management mentality.

True

The two sets of pressures that multinational enterprises (MNEs) confront are _____.

cost reduction and local responsiveness

Companies following a localization strategy differ from companies following a home replication strategy in that the companies following a localization strategy:

develop and retain knowledge within each subsidiary.

In the context of strategizing, structuring, and learning around the world, an implication for savvy managers will be to:

develop learning and innovative capabilities to leverage multinational presence as an asset.

A(n) _____ emphasizes the norms and practices of the parent company (and the parent country of the MNE) by relying on parent-country nationals (PCNs).

ethnocentric approach

_____ are nonnative employees who work and reside in a foreign country.

expatriates

Centralized research and development guarantees persistent heterogeneity in the solutions generated by a company.

false

Every country has formal rules that are embodied in cultures, norms, and values governing the do's and don'ts of human resource management.

false

From a resource-based standpoint, a fundamental basis for competitive advantage is innovation-based firm homogeneity.

false

Global product division structure, which is the opposite of the geographic area structure, supports the transnational strategy.

false

In multinational enterprises, host-country nationals (HCNs) are generally referred to as expats.

false

In the context of performance appraisals, evaluation of host-country nationals by expatriates is isolated from cultural differences.

false

Nowadays, it has become necessary to pay extra compensation to attract higher-caliber and more senior expatriates.

false

The global standardization strategy maximizes local responsiveness.

false

Widget Corp., a manufacturing firm in Lithuania, exports its manufactured tools to Wales. To protect its domestic firms, the Government of Wales imposes a 20 percent tax on the tools imported from Widget Corp. Therefore, Widget Corp. is subject to:

formal institutional frameworks erected by the host-country government.

Multinational enterprises appoint home-country nationals as the head of a foreign subsidiary because the home-country nationals:

have an understanding of the informal workings of multinational enterprises.

Burger Mart, a fast food franchise in the U.S. is famous for its unique recipes that are a combination of a variety of spices. Their products are very popular in the U.S. They open a new outlet in Germany. They do not change their menu or their recipes as their menu and products are already popular in the U.S. Based on the integration-responsiveness framework, the strategy used by Burger Mart is a(n) _____.

home replication strategy

reacting to different consumer preferences and host-country demands.

local responsiveness

Asset Sports, a sports equipment manufacturing company based in India, specializes in cricket equipment. It establishes a new manufacturing plant in Brazil that specializes in soccer equipment. Based on the integration-responsiveness framework, the strategy adopted by Asset Sports is called a(n) _____.

localization strategy

_____ is the process of returning to expatriate's home country after an extended period overseas.

repatriation

Expatriates acting as ambassadors:

represent the interests of the subsidiaries when interacting with headquarters.

Unlike a transnational strategy, a global standardization strategy involves:

the development and transfer of knowledge from the center to the subsidiaries.

When a geocentric approach in staffing is adopted, _____.

the nationality of the employees is disregarded.

Jane is an experienced analyst at a data analytics company based in Bulimia. She is traveling to their subsidiary unit at Sparanthea to explain the use of the latest data analytics tools to the newly recruited data analysts. In this scenario, Jane is an expatriate acting as a(n) _____.

trainer

Multinational enterprises that engage in a _____ strategy promote global learning and diffusion of innovations in multiple ways.

transnational

'Be curious' is one of the four Cs developed by Susan Meisinger for savvy managers.

true

A hallmark of transnational multinational enterprises is a high degree of interdependence and extensive and bi-directional flows of knowledge.

true

A repatriate is a manager who returns to his or her home country to stay after working abroad for a length of time.

true

Formally, organizational charts specify the scope of responsibilities for various parties.

true

Managers need to actively develop learning and innovation capabilities to leverage multinational presence.

true

Transnational strategy aims to capture the best of both worlds by endeavoring to be both cost efficient and locally responsive.

true