Question 1

In a transnational industry,MNEs are expected to
A) collaborate with their competitors to increase the prices of their products.
B) build the capability to learn from the many environments in which they operate.
C) acquire their competitors to increase their pool of resources.
D) decentralize decisions to better respond to local demands.

Accepted Answer

In a transnational industry, MNEs are expected to build the capability to learn from the many environments in which they operate. This means that they should adapt to the local market conditions, cultural differences, and regulatory frameworks. By doing so, MNEs can improve their operations and competitiveness in different regions. Collaboration with competitors is illegal and undermines the principles of fair competition. Acquiring competitors may lead to anti-trust issues and may not always increase the pool of resources. Decentralization of decisions is only beneficial when there is a need for local responsiveness, but it does not guarantee the capability to learn from different environments.

Question 2

A multinational industry is characterized by ____________.
A) low national responsiveness and low global integration
B) low national responsiveness and high global integration
C) high national responsiveness and low global integration
D) high national responsiveness and high global integration

Accepted Answer

The answer of A multinational industry is characterized by ____________.
A)...

Question 3

Explain (1)what is meant by 'global chess' and (2)why companies that are adept at playing global chess have an advantage over their competitors.

Accepted Answer

The answer of Explain (1)what is meant by 'global chess'...

Question 4

An industry that is characterized by moderate national responsiveness and moderate global integration is a(n)
A) international industry.
B) global industry.
C) transnational industry.
D) multinational industry.

Accepted Answer

An international industry is characterized by moderate national responsiveness and moderate global integration.

Question 5

What are the main forces that motivate MNEs such as Dell Computers to disaggregate their operations and activities to respond to national,regional and local needs and demands?
A) Social and economic forces.
B) Social and political forces.
C) Political and economic forces.
D) Economic and psychological forces.

Accepted Answer

Forces for local differentiation and responsiveness are mainly social and political.They are not always economic because many times they make MNEs less efficient.

Question 6

What are the main forces that drive MNEs such as Eli Lilly,the pharmaceutical company,to innovate and learn on a global scale?
A) Economic and political forces.
B) Political and social forces.
C) Social and informational forces.
D) Technological and informational forces.

Accepted Answer

a,b,and c are incorrect because political forces and social forces are forces for local differentiation and responsiveness.

Question 7

Briefly describe the local differentiation and responsiveness forces encountered by Samsung,a multinational electronics and home appliances manufacturer and retailer.

Accepted Answer

The answer of Briefly describe the local differentiation and responsiveness...

Question 8

A transnational industry is characterized by _____________.
A) low national responsiveness and low global integration
B) low national responsiveness and high global integration
C) high national responsiveness and low global integration
D) high national responsiveness and high global integration

Accepted Answer

A transnational industry is characterized by high national responsiveness and high global integration. Such industries have operations in multiple countries and are able to adapt their products and strategies to meet the specific needs of each market while also maintaining a cohesive global brand or identity. This requires a high level of coordination and integration between the different units and a strong focus on innovation and localization. Examples of transnational industries include automotive, consumer electronics, and fast-moving consumer goods.

Question 9

Kentucky Fried Chicken (KFC)suffered a major chicken sales decrease in Hong Kong immediately after running the Chinese version of their successful worldwide advertising campaign "Finger lickin' good" that supposedly highlights the tastiness of their chicken.This is most likely an issue of:
A) Cultural differences and localization pressures
B) Government demands and factor costs
C) Localization pressures and economies of scale
D) Cultural differences and global competition

Accepted Answer

Very similar to the Pepsi and Chevrolet's examples in the text book the Chinese translation came out as 'eat your fingers off',needless to say,most customers opted for the fries instead of the chicken!

Question 10

34.	Briefly discuss whether the type of industry a company belongs to affects that company’s decision to adopt an international, multinational, or global strategy. Explain why you believe that industry type affects/does not affect strategy choice.

Accepted Answer

The answer of 34.	Briefly discuss whether the type of industry...

Question 11

Free Trade agreements have become a topic of discussion recently.How would you approach a discussion with your next door neighbor who thinks that Free Trade agreements are the reason for job losses?

Accepted Answer

The answer of Free Trade agreements have become a topic...

Question 12

Discuss how cultural differences can have an effect on the consumption of tea worldwide.

Accepted Answer

The answer of Discuss how cultural differences can have an...

Question 13

35.	Interactions between host governments and MNEs have been sometimes compared to love-hate relationships. Could you please explain both parts of this equation and how host governments and MNEs relationships have evolved in the 2010s?

Accepted Answer

The answer of 35.	Interactions between host governments and MNEs have...

Question 14

Briefly describe the worldwide innovation and learning force that Microsoft encounters.

Accepted Answer

The answer of Briefly describe the worldwide innovation and learning...

Question 15

Apple is a U.S.MNE.Briefly describe three conflicting sets of external demands that its international operations might face.

Accepted Answer

The answer of Apple is a U.S.MNE.Briefly describe three conflicting...

Question 16

Briefly describe the global integration and coordination forces encountered by MNEs.

Accepted Answer

The answer of Briefly describe the global integration and coordination...

Question 17

An industry that is characterized by low national responsiveness and high global integration is a(n)
A) multinational industry.
B) global industry.
C) international industry.
D) transnational industry.

Accepted Answer

A global industry is characterized by low national responsiveness and high global integration, meaning that companies compete by offering standardized products and services on a worldwide basis.

Quiz 2: Understanding the international context: Responding to conflicting environmental forces

In a transnational industry,MNEs are expected to

A multinational industry is characterized by ____________.

Explain (1)what is meant by 'global chess' and (2)why companies that are adept at playing global chess have an advantage over their competitors.

An industry that is characterized by moderate national responsiveness and moderate global integration is a(n)

What are the main forces that motivate MNEs such as Dell Computers to disaggregate their operations and activities to respond to national,regional and local needs and demands?

What are the main forces that drive MNEs such as Eli Lilly,the pharmaceutical company,to innovate and learn on a global scale?

Briefly describe the local differentiation and responsiveness forces encountered by Samsung,a multinational electronics and home appliances manufacturer and retailer.

A transnational industry is characterized by _____________.

Kentucky Fried Chicken (KFC) suffered a major chicken sales decrease in Hong Kong immediately after running the Chinese version of their successful worldwide advertising campaign "Finger lickin' good" that supposedly highlights the tastiness of their chicken.This is most likely an issue of:

34. Briefly discuss whether the type of industry a company belongs to affects that company’s decision to adopt an international, multinational, or global strategy. Explain why you believe that industry type affects/does not affect strategy choice.

Free Trade agreements have become a topic of discussion recently.How would you approach a discussion with your next door neighbor who thinks that Free Trade agreements are the reason for job losses?

Discuss how cultural differences can have an effect on the consumption of tea worldwide.

35. Interactions between host governments and MNEs have been sometimes compared to love-hate relationships. Could you please explain both parts of this equation and how host governments and MNEs relationships have evolved in the 2010s?

Briefly describe the worldwide innovation and learning force that Microsoft encounters.

Apple is a U.S.MNE.Briefly describe three conflicting sets of external demands that its international operations might face.

Briefly describe the global integration and coordination forces encountered by MNEs.

An industry that is characterized by low national responsiveness and high global integration is a(n)