,What are two drivers of internationalization of a business?
New markets and Homogenization of consumer demands
True or False:
Internationalization began with small firms from the major developed (and industrialized)
countries.
This statement is false. Internationalization began with large firms from the major developed
(and industrialized) countries.
Which two challenges would international human resource management professionals in a
domestic firm encounter?
Competing with foreign firms for customers, suppliers, and resources such as employees and
Hiring immigrant employees who come from different countries with language barriers
Which two components are part of the basic elements of the strategic management process?
Environmental scanning
Evaluation and control
Which two factors does the success of outsourcing by a multinational enterprise (MNE)
depend on?
The client's ability to manage its service providers
Executive-level support
An organization markets and sells the same product or service both locally and between
many different nations. It involves exports and imports, but rather than overseas offices or
operations, it uses small sales offices. Which type of international business strategy does
this scenario describe?
,International business
Explain the multidomestic business strategy.
In the multidomestic business strategy, MNEs generally view each national market as a
specialized market for their particular subsidiaries' products and services. In international
marketing, multidomestic strategy refers to focusing advertising and commercial efforts on local
market needs rather than attempting to reach a global audience.
An organizational structure contains two or more lines of reporting which require
managers to report to a local national supervisor plus a product group or regional
functional office. Which type of organizational structure is described in this scenario?
Global matrix
Which two actions are effective for managing virtual teams?
Create guiding principles to cope with virtual fatigue
Identify a team member who will have the team leadership role
True or False:
An organizational design refers to the way in which managers and leaders arrange various
components of a company's structure.
This statement is true. Organizational design refers to the process or style used by leaders and
managers to arrange the various components of organizational structure.
Explain the difference between a 20th-century multinational and a 21st-century globally
integrated enterprise structure.
A multinational company operates in its home country and has subsidiaries in other countries.
This model involves local production within key markets with some tasks performed globally.
On the other hand, in a globally integrated enterprise, strategy, management, and operations—
which can take place in different locations—are all integrated into delivering goods and services
to clients all over the world. An integrated model is made possible by shared technologies, global
IT systems, and a global communication infrastructure.
What is the purpose of phase two in the process of combination?
, To decide how to implement the deal
To sign the agreement with the firm
Which two challenges will human resources (HR) managers face during the combination
and integration stage of combination?
Deciding on human resource policies and practice
Communicating to and involving stakeholders
True or False:
International mergers and acquisitions combine shared profits, responsibilities, and
resources according to specific contractual relationships but do not involve one party
buying equity in the other party.
This statement is false. Non-equity international combinations combine shared profits,
responsibilities, and resources according to specific contractual relationships but do not involve
one party buying equity in the other party.
Describe a primary reason for the high failure rate of cross-border acquisitions and
preventative measures human resources (HR) managers can take.
There is a high failure rate in cross-border acquisitions and joint ventures (JVs) due to a lack of
attention to human resource management (HRM) issues prior to the signing of the agreements
and during the implementation process. In many instances, businesses fail to reap benefits
because of a lack of fit between people and the organization. During due diligence, it is
important for HR managers to understand the corporate cultures of both the acquiring and
acquired firms and compare key executive approaches to management, decision-making, and
strategy.
Which two components are in the surface layer of the concentric circles model of
understanding culture?
Food
Architecture
A manager believes that environmental control is necessary to achieve the company
milestones for the fourth quarter and ensure yearly goals are met. Which cultural
New markets and Homogenization of consumer demands
True or False:
Internationalization began with small firms from the major developed (and industrialized)
countries.
This statement is false. Internationalization began with large firms from the major developed
(and industrialized) countries.
Which two challenges would international human resource management professionals in a
domestic firm encounter?
Competing with foreign firms for customers, suppliers, and resources such as employees and
Hiring immigrant employees who come from different countries with language barriers
Which two components are part of the basic elements of the strategic management process?
Environmental scanning
Evaluation and control
Which two factors does the success of outsourcing by a multinational enterprise (MNE)
depend on?
The client's ability to manage its service providers
Executive-level support
An organization markets and sells the same product or service both locally and between
many different nations. It involves exports and imports, but rather than overseas offices or
operations, it uses small sales offices. Which type of international business strategy does
this scenario describe?
,International business
Explain the multidomestic business strategy.
In the multidomestic business strategy, MNEs generally view each national market as a
specialized market for their particular subsidiaries' products and services. In international
marketing, multidomestic strategy refers to focusing advertising and commercial efforts on local
market needs rather than attempting to reach a global audience.
An organizational structure contains two or more lines of reporting which require
managers to report to a local national supervisor plus a product group or regional
functional office. Which type of organizational structure is described in this scenario?
Global matrix
Which two actions are effective for managing virtual teams?
Create guiding principles to cope with virtual fatigue
Identify a team member who will have the team leadership role
True or False:
An organizational design refers to the way in which managers and leaders arrange various
components of a company's structure.
This statement is true. Organizational design refers to the process or style used by leaders and
managers to arrange the various components of organizational structure.
Explain the difference between a 20th-century multinational and a 21st-century globally
integrated enterprise structure.
A multinational company operates in its home country and has subsidiaries in other countries.
This model involves local production within key markets with some tasks performed globally.
On the other hand, in a globally integrated enterprise, strategy, management, and operations—
which can take place in different locations—are all integrated into delivering goods and services
to clients all over the world. An integrated model is made possible by shared technologies, global
IT systems, and a global communication infrastructure.
What is the purpose of phase two in the process of combination?
, To decide how to implement the deal
To sign the agreement with the firm
Which two challenges will human resources (HR) managers face during the combination
and integration stage of combination?
Deciding on human resource policies and practice
Communicating to and involving stakeholders
True or False:
International mergers and acquisitions combine shared profits, responsibilities, and
resources according to specific contractual relationships but do not involve one party
buying equity in the other party.
This statement is false. Non-equity international combinations combine shared profits,
responsibilities, and resources according to specific contractual relationships but do not involve
one party buying equity in the other party.
Describe a primary reason for the high failure rate of cross-border acquisitions and
preventative measures human resources (HR) managers can take.
There is a high failure rate in cross-border acquisitions and joint ventures (JVs) due to a lack of
attention to human resource management (HRM) issues prior to the signing of the agreements
and during the implementation process. In many instances, businesses fail to reap benefits
because of a lack of fit between people and the organization. During due diligence, it is
important for HR managers to understand the corporate cultures of both the acquiring and
acquired firms and compare key executive approaches to management, decision-making, and
strategy.
Which two components are in the surface layer of the concentric circles model of
understanding culture?
Food
Architecture
A manager believes that environmental control is necessary to achieve the company
milestones for the fourth quarter and ensure yearly goals are met. Which cultural
