Employees working in foreign nations are used by firms to evaluate the political and cultural environment for any potential risks or threats which might harm the firm and its international interests.
Indicate whether the statement is true or false
Question 2Patrons of McDonald's can enter the restaurant located in any part of the world and expect to see employees wearing the same uniforms and menus offering the same products. McDonald's most likely uses which system of coordination?
A) standardization
B) consensus
C) plan
D) adaptation
Question 3In general, effective networks _____.
a. are primarily focused on a single goal
b. primarily focus on strong ties
c. are diverse
d. primarily contain ties with people in one's own work area
Question 4Two of your friends have just been hired into new managerial positions. You've read this textbook and want to give your friends advice on effective networking. You should tell your friends all of the following except:
a. Develop mentoring relationships with people at different levels of the hierarchy.
b. The most important mentoring relationship your friends will have is the one they develop with their bosses.
c. The relationships they develop with their peers can be some of the most rewarding mentoring relationships they will have.
d. They should develop a network of developmental relationships
Question 5Which of the following is NOT one of the three prevalent approaches to coordination?
A) standardization
B) mutual adjustment
C) adaptation
D) planning
Question 6When a company's primary motive for entering a collaborative arrangement is to learn from its partner, it is likely to ________.
A) leave control to its partner
B) go it alone after it has learned what it needs to know
C) have disagreements with the partner over quality issues
D) prefer the arrangement to be a licensing agreement
Question 7In a short essay, describe how managers balance standardization with adaptation. Provide examples to illustrate your answer.
What will be an ideal response?
Question 8Darvin Foods is an MNE that is in the process of revising its international business strategy. Most of the firm's top executives believe that Darvin should implement a multidomestic strategy.
Which of the following conditions would most likely support this type of strategy?
A) a high need for local responsiveness and a low need to reduce costs via global integration
B) a high need for local responsiveness and a high need to create efficiencies via global integration
C) a low need for local responsiveness and a low need to reduce costs via global integration
D) a low need for local responsiveness and a high need to create efficiencies via global integration
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