Question 1

In large multinational organizations, the 'not invented here syndrome' is an obstacle to: A)knowledge retention&#10;B)knowledge sharing&#10;C)communication of knowledge&#10;D)knowledge utilization

Accepted Answer

D

Question 2

MNEs that aim to combine the advantages of global integration and local adaptation are pursuing _____ strategy. A)transnational&#10;B)global&#10;C)adaptive&#10;D)matrix

Accepted Answer

Transnational strategy is a combination of global and local strategies that aims to achieve global efficiency and responsiveness to local needs. This strategy allows MNEs to transfer knowledge and resources across borders while adapting to the local market conditions. Therefore, A) is the best choice for this question.

Question 3

Social capital includes the Informal benefits organizations can derive from their social networks.

Accepted Answer

Social capital refers to the advantages that organizations can gain through their relationships, trust, and cooperation with others in their social networks. This includes informal benefits such as access to resources, information, and support.

Question 4

Global matrix structures are not suitable for implementing transnational strategies.

Accepted Answer

Global matrix structures are actually suitable for implementing transnational strategies as they allow for flexibility and collaboration across different regions and functions.

Question 5

Which statement about international strategies is correct? A)International strategies are typical for MNEs in early stages of their internationalization.
B)International strategies enhance corporate performance.
C)International strategies allow high degrees of local adaptation.
D)International strategies allow the realization of economies of scale on a global scale.

Accepted Answer

International strategies are often used by multinational enterprises (MNEs) in the early stages of their internationalization to leverage their home-based core competencies in foreign markets with minimal local adaptation.

Question 6

Tacit organizational knowledge is embedded in: A)individual's skills and know how&#10;B)databases&#10;C)internal rules and job descriptions&#10;D)organizational structures, cultures and routines

Accepted Answer

Tacit organizational knowledge refers to the knowledge that is not explicitly documented or easily articulated, but is embedded in the organizational structures, cultures and routines. It is not necessarily related to individual's skills, databases or job descriptions.

Question 7

Organizationally embedded knowledge is normally in tacit form.

Accepted Answer

Organizationally embedded knowledge is often passed down through informal channels and is difficult to codify or express in explicit or written forms, making it primarily tacit knowledge.

Question 8

The structures and mechanisms MNEs use to facilitate the creation, integration, sharing and utilization of knowledge are known as:&#10;A)transnational strategy&#10;B)matrix structures&#10;C)knowledge governance&#10;D)corporate governance

Accepted Answer

The term "knowledge governance" refers to the ways in which MNEs manage their knowledge assets. This includes strategies for creating, integrating, sharing, and utilizing knowledge across the organization. Matrix structures may be a part of these knowledge governance strategies, but they are not the overarching concept. Transnational strategy refers to how an MNE manages its operations across borders, and corporate governance refers to the overall management and control of the company. Therefore, the best choice is C, knowledge governance.

Question 9

Against the flow of command in hierarchical organizations, some MNE subsidiaries take proactive and deliberate action to convince their headquarters to increase the scope of their responsibility.Such action is also known as:

A)subsidiary mandate
B)worldwide mandate
C)centre of excellence
D)subsidiary initiative

Accepted Answer

Proactive and deliberate action taken by subsidiaries to persuade their headquarters to broaden their responsibilities is known as subsidiary initiative. This term refers to the ability of a subsidiary to take the lead in implementing new ideas or strategies within its local environment, or to propose new initiatives that would benefit the entire organization. The term "subsidiary mandate" refers to the specific tasks that a subsidiary is expected to perform, while "worldwide mandate" refers to the overall responsibility of the organization as a whole. "Centre of excellence" refers to a subsidiary that has developed a particular expertise or competency that is recognized by other parts of the organization. Therefore, D is the correct choice in this context.

Question 10

Communities of practice have to be located at the same site to be able to share tacit knowledge amongst each other.

Accepted Answer

Communities of practice can share tacit knowledge even if they are not located at the same site. Advances in technology, such as online platforms and video conferencing, have made it easier for communities of practice to connect and share knowledge remotely.

Question 11

Global standards strategy enables firms to provide products adapted to each local context.

Accepted Answer

The answer of Global standards strategy enables firms to provide...

Question 12

An economic area structure emphasizes local adaptation of products and processes.

Accepted Answer

The answer of An economic area structure emphasizes local adaptation...

Deck 14: Global Strategies and Acquisitions