mqm 350 exam 2 questions well answered to pass, Exams of Nursing

Download mqm 350 exam 2 questions well answered to pass and more Exams Nursing in PDF only on Docsity! mqm 350 exam 2 Multinational companies face this fundamental strategic dilemma when competing internationally: a. Customizing their organizations to accommodate regional differences b. The local-responsiveness solution c. The global-local dilemma d. The global integration dilemma - correct answer ✔✔c. The global-local dilemma A multidomestic strategy: a. Gives top priority to local responsiveness b. Is the most costly strategy c. Gives top priority to adapting to multiple countries and regions d. Gives top priority to generic strategies - correct answer ✔✔a. Gives top priority to local responsiveness A transnational strategy is one that: a. Gives two goals top priority b. Gives a single goal top priority c. Seeks location advantages and gaining economic efficiencies from operating worldwide d. Two of these - correct answer ✔✔c. Seeks location advantages and gaining economic efficiencies from operating worldwide Globalization drivers: a. Are conditions in an industry that favor a globally oriented transnational or international strategy b. Fall into four broad categories c. Include markets, costs, governments and competition d. All of these - correct answer ✔✔d. All of these Porter's five forces model considers all of these EXCEPT: a. The cost of the cheapest competitor's product b. The threat of substitute products c. The degree of competition in the industry d. The bargaining power of buyers - correct answer ✔✔a. The cost of the cheapest competitor's product The increasingly popular strategy of going global by making uniform products for the world market can: a. Lead to greatly increased sales b. Backfire c. Increase downstream activities d. Lead to greatly reduced costs - correct answer ✔✔b. Backfire Entry-mode strategies include all of these EXCEPT: a. Indirect exporting b. Direct importing c. Passive exporting d. Using an export management company - correct answer ✔✔b. Direct importing The impact of political decisions or events on the business climate in a country is called: a. Political strategy b. Domestic strategy c. Political risk d. Domestic feasibility - correct answer ✔✔c. Political risk The main reason for concern about political risk is the potential for: a. A serious impact on government relations b. A serious impact on profitability c. A slight impact on government relations d. A slight impact on profitability - correct answer ✔✔b. A serious impact on profitability Knowledge Management: a. Is the way in which a multinational protects its intellectual property b. Assures that the right form of knowledge is available to the right individual at the right time c. Requires specially educated managers d. All of these - correct answer ✔✔b. Assures that the right form of knowledge is available to the right individual at the right time The first step to develop an effective knowledge management system is to: a. Update the technology used by the multinational to the most recent version b. All of these c. Train the managers who will deal with this issue d. Identify possible barriers to the sharing of knowledge within the multinational - correct answer ✔✔d. Identify possible barriers to the sharing of knowledge within the multinational In order to gain efficient scales of operations, to merge compatible talents, or to share risks, alliance partners should: a. Combine the same value chain activities b. Merge c. Adapt R&D efforts to use joint research and develop technical skills d. Form a partnership - correct answer ✔✔a. Combine the same value chain activities In choosing a partner, the multinational firm should consider most important: a. The capital reserves of the other partner b. The kind of expertise of the other partner c. How well the partners get along d. The partner's knowledge of market conditions - correct answer ✔✔c. How well the partners get along Among the key criteria to consider when choosing an international partner are all of these EXCEPT: a. Strategic complementarity b. Avoid the "anchor partner" c. Pick a partner with complementary skills d. Pick a partner who is a competitor - correct answer ✔✔d. Pick a partner who is a competitor The type of alliance between two or more companies that is not legally binding is: a. An informal or formal international cooperative alliance b. A corporation c. An international joint venture d. A partnership - correct answer ✔✔a. An informal or formal international cooperative alliance Questions to ask in order to form a strategic alliance agreement include: a. What products or services does the alliance produce? b. Under which country's law does the agreement operate? c. How should the company be controlled? d. All of these - correct answer ✔✔a. What products or services does the alliance produce? Majority ownership of an IJV means: a. That the parent company controls decision-making b. That the parent company's location will be used by the IJV c. That the parent company is entitled to a majority of board members d. None of these is true. - correct answer ✔✔d. None of these is true. This means that partners are committed and willing to dedicate resources and effort and face risks to make the venture work: a. Credibility trust b. Calculative commitment c. Attitudinal commitment d. Fair exchange - correct answer ✔✔c. Attitudinal commitment International Strategic alliances not based on immediate profitability may instead provide: a. Production of new technologies with potential benefits b. Overcoming political barriers c. Learning new markets or technologies d. All of these - correct answer ✔✔d. All of these As any card playing gambler knows, in any game, there are two basic choices, like the Kenny Rogers song. Similarly, when a strategic alliance fails, there are two basic choices: a. Improve implementation or negotiate an end to the alliance b. Change the ownership structure or change the location c. Sue for damages for lost profits or use the loss as a tax write-off d. None of these - correct answer ✔✔a. Improve implementation or negotiate an end to the alliance Among companies who have experience with strategic alliances, this structure, based on that experience, has helped promote other successful alliances: a. Multicultural training departments b. Strategic partnership agreements c. Alliance management units d. All of these - correct answer ✔✔c. Alliance management units E-commerce includes: a. The selling of goods or services over the Internet b. Goods delivered offline c. Goods delivered online d. All of these - correct answer ✔✔d. All of these A C2C transaction is: a. Commercial to Commercial b. Consumer to Consumer c. Like B2B, but involving services A company with a regional multinational strategy may prefer as country-level managers: a. Host country managers b. Home country c. Third country national d. None of these - correct answer ✔✔c. Third country national Often, a firm that uses expatriate managers encounters a cost for this item which is three or four times as much as the cost in the home country: a. Training b. Relocation c. Housing d. Salary - correct answer ✔✔d. Salary It is estimated that each expatriate manager failure through early departure can cost a firm more than: a. $1,000,000.00 b. $5,000,000.00 c. $500,000.00 d. $100,000.00 - correct answer ✔✔a. $1,000,000.00 Key success factors for expatriate assignments include: a. Certain personality traits b. Technical and managerial skills c. Stress tolerance d. All of these - correct answer ✔✔d. All of these The belief by many in HR is that patriarchal societies will reject female expatriates is: a. Self-evidently true b. Self-evidently false c. False; traditional cultures can view foreign business women differently from local women d. None of these is true. - correct answer ✔✔c. False; traditional cultures can view foreign business women differently from local women Adler recommended that a successful strategy for a female expatriate to adopt would be: a. To describe herself as a business person, not a woman b. To describe herself as foreign, not female c. To work longer and harder than anyone else d. None of these - correct answer ✔✔a. To describe herself as a business person, not a woman Among the factors indicating that women as expatriates will increase are: a. Many men decline overseas assignments b. There is an acute shortage of expatriate managers c. Both of these d. None of these - correct answer ✔✔c. Both of these In an ethnocentric IHRM orientation: a. All aspects of HRM for managers and tech workers follow the parent organization's home country HRM practices b. All aspects of HRM for managers and tech workers follow the parent organization's host country HRM practices c. HRM practices are adapted to local countries d. None of these - correct answer ✔✔a. All aspects of HRM for managers and tech workers follow the parent organization's home country HRM practices In a polycentric IHRM orientation: : a. None of these b. HRM practices are adapted to local countries c. All aspects of HRM for managers and tech workers follow the parent organization's host country HRM practices d. All aspects of HRM for managers and tech workers follow the parent organization's home country HRM practices - correct answer ✔✔b. HRM practices are adapted to local countries