Complete Answers.
What is a key paradox of globalization today?
a. Despite the depth and breadth of globalization, most EEs work within a few hundred
kilometers of their birthplace
b. Despite the importance of environmental and political forces, globalization today
remains a purely economic phenomenon
c. The rise of global technologies has, ironically, made global trade more difficult
d. The growth of developing nations, notably China and India, has forced developed
nations to become less global in their trade policies - Correct Answer A
What is one of the three considerations for understanding global forces?
a. The various PESTLE-type forces shaping globalization today are each isolated and can
best be understood in terms of their unique individual effects
b. The effects of any given global force will be felt consistently and universally across the
globe
c. Any given global force will have equal but opposite effects in emerging countries versus
developed countries
d. While the effects of a given globalization force are global, their impact may be uniquely
felt by different cultures, industries, and organizations - Correct Answer D
What term has been coined to describe the age and education differences in emerging
versus developed economies?
a. Diaspora
b. Demographic dichotomy
c. Globalization
d. Reverse innovation - Correct Answer B
What type of product would provide an example of reverse innovation?
a. A more expensive version of an existing product targeted for emerging economies
b. a copycat product created via reverse engineering
,c. A product made by or for an emerging economy that is then sold in developed
economies
d. A "new" product that is actually a much older version of an existing product - Correct
Answer C
What is a good example of a "pull" factor attracting organizations toward globalization?
a. Globalized supply chain
b. Government policies that promote outward foreign investment
c. Shortfalls in natural resources and talent supply
d. Increased cost pressures and competition - Correct Answer B
The choice whether to emphasize global integration or local responsivness is generally
determined by a mix fo four types of drivers. What driver type is being examined when
considering the availability of global distribution networks?
a. Market drivers
b. Cost drivers
c. Governmental drivers
d. Competitive drivers - Correct Answer A
What globalization strategy is most likely to benefit a small organization whose brand is
not well established?
a. Identity alignment
b. Identity diversity
c. Process alignment
d. Process diversity - Correct Answer A
What term describes the globalization strategy of a firm that exports its products or
services to foreign countries while developing processes and strategy in the home
country?
a. International
b. Multidomestic
c. Global
, d. Transnational - Correct Answer A
What term describes the globalization strategy of a firm that is a decentralized portfolio of
subsidiaries that develop their own goals and strategies?
a. International
b. Multidomestic
c. Global
d. Transnational - Correct Answer B
What term did Perlmutter use to describe a multinational enterprise whose subsidiaries
are not satellites or independent bodies but instead participate with HQ as a network?
a. Ethnocentric
b. Polycentric
c. Regiocentric
d. Geocentric - Correct Answer D
What has been the key effect of globalization on the practice of offshoring?
a. It has almost eliminated offshoring by creating new problems such as quality control,
high turnover, and intellectual property loss
b. It has imposed new legal restrictions sot hat most offshoring is now done by emerging
nation-based companies who offshore production to developed nations.
c. It has changed the cost-saving dynamics so that almost all offshoring is done by firms
based in developed nations who offshore production to emerging nations
d. It has changed incentives so that much offshoring is now done to be near new markets
rather than to save on labor, transportation, or materials costs - Correct Answer D
What key global HR skill is demonstrated by a global HR professional who provides
training that improves her organization's cultural awareness and adaptability?
a. Developing a strategic view of the organization
b. Developing meaningful metrics
c. Developing a global organizational culture
d. Developing risk management policies and practices - Correct Answer C