WorksheetsQuizizz 2
Total questions: 10
Worksheet time: 5mins
Which of the following statements is true of a global product division structure?
It encourages the fragmentation of multinational enterprises into fiefdoms.
It increases inefficient duplication in multiple countries.
It is typically used when firms initially expand abroad.
It is highly responsive to cost reduction pressures.
Frolik Foods Inc., a fast food franchise in the United States, opens a new outlet in Germany. The franchise develops recipes in the U.S. and then transfers them to its outlets in Germany. Which of the following strategies is being used by Frolik Foods?
Localization strategy
Home replication strategy
Global standardization strategy
Transnational strategy
Multinational enterprises that engage in a _____ strategy promote global learning and diffusion of innovations in multiple ways.
transnational
home replication
localization
global standardization
In the context of knowledge management, which of the following is true of multinational enterprises (MNEs) adopting a transnational strategy?
Knowledge is developed at the center and transferred to subsidiaries.
Knowledge is developed and retained within each subsidiary.
Knowledge is mostly developed and retained at key locations.
Knowledge is developed jointly and shared worldwide.
Unlike a transnational strategy, a global standardization strategy involves:
the development and transfer of knowledge from the center to the subsidiaries.
the joint development and sharing of knowledge worldwide.
the development and retention of knowledge at the center and key locations.
the development and retention of knowledge within each subsidiary.
Which of the following is an effect of adopting a local responsiveness strategy?
Standardized products are developed and distributed.
Home-country-based competencies are duplicated in foreign countries.
Regulations on local products are loosened.
Costs of products and services are increased.
Which of the following is true of a localization strategy?
It has low costs due to duplication of efforts in multiple countries.
It promotes diffusion of innovation in multiple ways.
It is effective when pressures for cost reductions are low.
It involves the development and distribution of standardized products worldwide.
From a resource-based standpoint, a fundamental basis for competitive advantage is innovation-based firm heterogeneity. _____ virtually guarantees that there will be persistent heterogeneity in the solutions generated.
Adding more researchers in centralized R&D units
Decentralized R&D work performed by different teams around the world
Nationalizing R&D functions
Increased interdependence between the headquarters and foreign subsidiaries of a company
Widget Corp., a manufacturing firm in Lithuania, exports its manufactured tools to Wales. To protect its domestic firms, the Government of Wales imposes a 20 percent tax on the tools imported from Widget Corp. Therefore, Widget Corp. is subject to:
formal institutional frameworks erected by the host-country government.
formal institutional frameworks erected by the home-country government.
informal rules of the game erected by the host-country government.
informal rules of the game erected by the home-country government.
_____ means reacting to different consumer preferences and host-country demands.
Global integration
Local responsiveness
Global standardization
Home replication
