Reference no: EM132199345
1. Strategic alliances, such as joint ventures and licensing agreements, are becoming increasingly popular as a means by which a corporation can gain entry into other countries. The key to the successful implementation of these strategies is the ___________________.
A. cultural fit between the two partners
B. selection of the local partner
C. financial strength of the local partner
D. strategic fit of the corporation with the local partner
E. financial strength of both partners
2. Research reveals that firms favor past partners when forming new alliances. Which of the following is NOT among the key drivers for strategic fit between alliance partners?
A. Partners must agree on fundamental values and have a shared vision about the potential for joint value creation.
B. Alliance strategy must be derived from business, corporate, and functional strategy.
C. Joint activities must have added value for customers and the partners.
D. Partners contribute key strengths and core competencies.
E. The alliance must be important to both partners, especially to top management.
3. Corporations operating internationally tend to evolve through five common stages. Of the following, which is not a type of structure embraced by corporations operating internationally?
A. Company merges with another global company.
B. Company establishes its own sales company with offices in other countries to eliminate the middlemen and to better control marketing.
C. Company to establish manufacturing facilities in addition to sales and service offices in key countries.
D. Company establishes worldwide human resources, R&D, and financing strategies.
E. The primarily domestic company exports some of its products through local dealers and distributors in the foreign countries.
4. What type of international development structure is characterized by structuring itself in a matrix form around some combination of geographic areas, product lines, and functions?
A. Stage 3 (Primarily domestic company with international division)
B. Stage 5 (MNC with global emphasis)
C. Stage 2 (Domestic company with export division)
D. Stage 4 (Multinational corporation with multi-domestic emphasis)
E. Stage 1 (Domestic company)
5. Recent work on the subject of successful international assignments has led to a set of recommendations to improve the entire expatriation process. Which of the following is NOT among those primary set of recommendations?
A. Design a plan for repatriation.
B. Craft compensation and benefit packages above those for a domestic assignment.
C. Craft an approach for sharing the experiences and lessons learned within the company.
D. Have a compelling reason for sending a current employee to a new country.
E. Assign sponsors/mentors in both the home country and the new country.
6. Among the most important barriers to international trade are ___________________.
A. the different trade regulations in the EU.
B. the different standards for products and services.
C. differing cultural differences.
D. the different export regulations for U.S.-bound goods and services.
E. differing monetary exchange rates.