Week 11 - FTE

a.

Direct exporting.

b.

Licensing.

c.

Franchising.

d.

Indirect exporting.

a.

Strategic competition

b.

Strategic reason to be in the market

c.

Companies want to achieve economies of scale

d.

Companies want to share risks and costs of developing technology

a.

Conducting business similarly around the world.

b.

Responding to differences in the global markets in which a company operates.

c.

Customization of products to regional but not country differences.

d.

None of the above

a.

Is an entry-mode strategy.

b.

Means that a multinational owns, in part or in whole, an operation in another country.

c.

Symbolizes the highest rate of internationalization.

d.

All of the above

a.

Exporting is the easiest of entry-mode strategies.

b.

Because it is the easiest form of going international, exports are not as important to the US economy.

c.

Export can be indirect where companies rely on intermediaries to sell overseas.

d.

Export can be of the passive form where overseas orders are treated like domestic orders

a.

Centralized operations

b.

Coordination system

c.

Control system

d.

Cultural system

a.

In the functional structure, departments perform separate business functions such as marketing or manufacturing.

b.

In small organizations, the functional structure is the least efficient of all structures.

c.

The functional structure is the simplest of organizations.

d.

Because functional subunits are separated from each other, coordination among the units can be difficult.

a.

Dispersed subunits

b.

Specialized operations

c.

Interdependent relationships

d.

None of the above

a.

Bureaucratic.

b.

Cultural.

c.

Output.

d.

Decision making.

a.

Labor skills.

b.

Ownership.

c.

Domination.

d.

None of the above

a.

Go for the biggest partner possible because they have the most assets.

b.

Seek strategic complementarity.

c.

Make sure your partner will be dependent on you and not vice versa.

d.

All of the above

a.

Dominant management structure.

b.

Rotating management structure.

c.

Split management structure.

d.

Shared management structure.

a.

Go slowly.

b.

Be the dominant partner.

c.

Use extensive written documentation.

d.

Keep your goals secret so your partner does not get nervous about your intentions.

a.

A company that globalizes through the Internet must still decide whether to go global or to require localization to national or regional levels.

b.

A company that globalizes through the Internet does not have to be concerned with the global-local dilemma.

c.

A company that globalizes through the internet must still address the traditional problems of multinational business (i.e., currencies, local laws, infrastructure for delivery).

d.

A company that globalizes through the Internet still faces the same challenges that a brick and mortar company faces.

a.

Spanish language websites.

b.

Global demand.

c.

Internet economy.

d.

Membership in ASEAN.

a.

South America

b.

Asia

c.

The European Union

d.

North America

a.

Maintaining rapid decision making, creativity, innovation, and flexibility

b.

Developing information and management systems to respond to rapid growth

c.

Altering HR programs to suit the different skill requirements of e-commerce employees

d.

Attracting and retaining e-commerce-capable talent

a.

Tall hierarchical web structures

b.

Tacit knowledge

c.

User Generated Content

d.

None of the above

a.

A global HRM orientation.

b.

A geocentric orientation.

c.

Either a ethnocentric or regiocentric HRM orientation.

d.

A polycentric HRM orientation.

a.

Focus primarily on language training as preparation for expatriate assignments.

b.

Use similar pay and benefit packages for all international assignments.

c.

Evaluate their managers by headquarters’ country standards.

d.

Usually provide significant extra pay for expatriate assignments.

a.

Low home re-adaptation index.

b.

Repatriation problem.

c.

Expatriation problem.

d.

Reverse culture shock.

a.

Low training rigor usually includes briefings concerning company operations.

b.

Low training rigor usually includes lectures and videos on the local culture.

c.

Low training rigor usually lasts for a short period.

d.

Low training usually lasts over two months.

a.

Moral languages.

b.

High context languages.

c.

Low context languages.

d.

None of the above

a.

Is communication through body movements.

b.

Is the process by which we interpret the meaning and intent of spoken words or nonverbal exchanges.

c.

A form of verbal communication.

d.

Focuses on how people use space to communicate.

a.

Both parties exchange information on their needs for the agreement.

b.

Parties exchange information that is task-related.

c.

Both sides present offers that often differ from what they hope to achieve eventually.

d.

Both sides usually present their final offer.

a.

Building the relationship

b.

Exchanging Information and the First Offer

c.

Persuasion

d.

Concession

a.

​increases the identity and integration with the company culture.

b.

​provides the employee with more flexibility.

c.

​international  employees will more likely be given this this option.

d.

​A  and B above.

a.

Of social loafing.

b.

Workers believe that the group will make up any slack in their personal efforts.

c.

Workers do not feel responsible for group outcomes.

d.

All of the above

a.

Means that everyone's work is easier in groups.

b.

Occurs when people put out less effort when working in groups.

c.

Occurs when people prefer to work in groups.

d.

Is the social process of sharing.

a.

Need.

b.

Punishment.

c.

Reinforcement.

d.

Goal-directed behavior.