Download Chapter 7 | BUS - Business Ethics and more Quizzes Business Ethics in PDF only on Docsity!
d. Focus more on short-term benefits
Research has shown that the less stable Russian institutional environment has influenced Russian managers to do all of the following EXCEPT ________.a. select partners that provide access to financial capitalb. focus more on modern marketing techniquesc. select partners that have complementary capabilitiesd. focus more on short-term benefits TERM 2
b. negotiation practices
DEFINITION 2 All of the following represent government influences on international joint ventures EXCEPT ________.Select one:a. patent protectionb. negotiation practicesc. copyright protectiond. labor union rules TERM 3
b. outsourcing will enhance Barton & Green's
competitiveness
DEFINITION 3 Which of the following best supports the argument that Barton & Green should outsource its IT infrastructure to a firm in India, TMC Enterprises?a. Barton & Green has proprietary technology and processes.b. Outsourcing will enhance Barton & Green's competitiveness.c. Barton & Green's employees frequently need IT support.d.The main competitor of Barton & Green outsources all IT functions. TERM 4
b. its own interests
DEFINITION 4 International joint venture control is how a parent company ensures that the way a joint venture is managed conforms to ________.a. international accounting standardsb. its own interestsc. industry standardsd. qualitative standards TERM 5
b. regional authorities
DEFINITION 5 All of the following are examples of international joint venture control mechanisms used by parent firms EXCEPT ________.a. legal contractsb. organizational designc. staffing policiesd. regional authorities
a. autocratic mgmt. style
Which of the following is a characteristic of Hungarian managers?Select one:a. autocratic management styleb. rule drivenc. future orientedd. team oriented TERM 7
b. General Motors' joint venture with Russian
Car Maker OAO Avtovaz
DEFINITION 7 The level of uncertainty among foreign investors regarding Russia most likely stems from ________.a.Bell Labs' attempt to conduct research and development with Russian labsb.General Motors' joint venture with Russian car maker OAO Avtovazc.McDonald's franchises located in Moscow and other Russian citiesd.Boeing's joint venture with Russian aircraft maker Tupolev TERM 8
d. equity strategic
alliances
DEFINITION 8 Alliances in which two or more partners have different relative ownership shares in the new venture are called ________.a. cultural strategic alliancesb. non-equity strategic alliancesc. transmodal strategic alliancesd. equity strategic alliances TERM 9
d. learning new intangible skills from alliance
partners
DEFINITION 9 All of the following are examples of the cooperative aspect of strategic alliances EXCEPT ________.a. limiting investment risks through shared resourcesb. forming upstream downstream divisions of laborc. creating economies of scale in tangible assetsd. learning new intangible skills from alliance partners TERM 10
a. avoid import
quotas
DEFINITION 10 What is the most likely reason that GM and Toyota would form a cross-border alliance?Select one:a. avoid import quotasb. gain access to new marketsc. reduce political riskd. share R&D costs and risks
a. assign funds for local promotion &
advertising to establish a corporate image
According to experts, managers of foreign companies planning to set up business in Russia should ________.a. assign funds for local promotion & advertising to establish a corporate imageb. avoid communication w/ regional authorities about business activitiesc. use only home country managers to avoid problems with local corruption TERM 17
a. conducting performance appraisals
DEFINITION 17 All of the following are typical tasks performed by e- commerce enablers EXCEPT ________.Select one:a. conducting performance appraisalsb. paying custom chargesc. ensuring compliance with trade agreementsd. screening orders TERM 18
d. amount of decision-making power that the
joint venture holds
DEFINITION 18 Organizational design as a mechanism of joint venture control refers to the ________.a. geographic location of the joint venture's facilitiesb. human resource plans &policies of the joint venturec. type of functional structuresuitable for the joint ventured. amount of decision-making power that the joint venture holds TERM 19
c. culture
DEFINITION 19 What variable is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country?a. currency stabilityb. competitionc. cultured. political stability TERM 20
a. The Marwari believe that it is critical for
companies to maintain family ownership
DEFINITION 20 What cultural tradition was violated by the merger of Mittal and Acelor?a.The Marwari believe that it is critical for companies to maintain family ownershipb.Indian culture asserts that women should not hold positions of authority.c.Europeans view workers from developing countries as subordinates.
d. keep control of proprietary technology &
processess
Opening your own subsidiary in the host country may be better than contracting with an outside firm in the host country if it crucial for you to:a. market your products in the host countryb. produce gains in efficiencyc. minimize job losses in the home countryd. keep control or proprietary technology & processes TERM 22
guanxihu
DEFINITION 22 Which refers to a bond between specially connected firms that generates preferential treatment to members of the network?a. nationalismb. convergencec. guanxihu TERM 23
d. amount of decision-making power that the
joint venture holds
DEFINITION 23 Organizational design as a mechanism of joint venture control refers to the ________.a. geographic location of the joint venture's facilitiesb. human resource plans & policies of the joint venturec. type of functional structure suitable for the joint ventured. amount of decision-making power that the joint venture holds TERM 24
a. international management
DEFINITION 24 Which of the following is NOT one of the primary categories under which alliances typically fall?a. international managementb. joint venturesc. non-equity strategic alliancesd. equity strategic alliances TERM 25
a. integrating network & internal resources to
create synergies
DEFINITION 25 According to research by Dovev Lavie, which of the following is a value creation strategy?a. integrating network & internal resources to create synergiesb. settingorganizational buffers between competing partnersc. allying w/ multiple partners in one industry to limit powerd. aligningorganizationalunits to create coherent interfaces
A. More risk & less
profitable
Respondents to a survey of 158 investors and non-investors in Russia in 2005 indicated that doing business in Russia was ________.a. more risky and less profitable than China, India, & SE Asiab. less risky and more profitable than China, India, and SE Asia TERM 32
c. equity strategic
alliance
DEFINITION 32 France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics. Thomson owns 33% and TCL owns the remaining 67% of the combined company. This is best described as a(n) ________.a. manufacturing joint ventureb. global licensing agreementc. equity strategic allianced. non-equity strategic alliance TERM 33
d. leadership
DEFINITION 33 Which of the following factors most significantly affects all other variables necessary for the successful implementation of a global alliance?a. policiesb. structurec. performanced. leadership TERM 34
b. use of appraisal
systems
DEFINITION 34 According to research, which of the following is NOT one of the national and corporate cultural differences between the management styles of U.K. and continental European firms? a. attitudes toward riskb. use of appraisal systemsc. attitudes toward fundingd. organizational formality
