Global Management Exam Questions
Course Introduction
Global Management explores the strategies, practices, and challenges involved in leading organizations in an international context. This course examines topics such as cross-cultural communication, global leadership, international market entry, and the management of global teams. Students will analyze how political, economic, and legal environments impact international business operations, and develop skills for managing diversity, ethical dilemmas, and change across borders. Through case studies and real-world applications, learners gain a comprehensive understanding of what it takes to effectively manage organizations and people in a globalized economy.
Recommended Textbook
Transnational Management Text Cases and Readings in Cross Border Management 7th Edition
Available Study Resources on Quizplus
8 Chapters
245 Verified Questions
245 Flashcards
Source URL: https://quizplus.com/study-set/289
Page 2
Chapter 1: Expanding Abroad: Motivations, Means, and Mentalities
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/4793
Sample Questions
Q1) Which of the following constitutes a list of foreign entry modes that involve the MNE to make a foreign investment
A) Wholly owned, joint venture
B) Wholly owned, license
C) Franchising, joint venture
D) Franchising, license
Answer: A
Q2) An MNE with a 'multinational mentality' will typically be managed as a coordinated federation.
A)True
B)False
Answer: False
Q3) A franchise, such as McDonald's, is a _________ mode of foreign entry.
A) low commitment, low control
B) low commitment, moderate control
C) low commitment, high control
D) moderate commitment, moderate control
Answer: B
To view all questions and flashcards with answers, click on the resource link above. Page 3
Chapter 2: Understanding the International Context:
Responding to Conflicting Environmental Forces
Available Study Resources on Quizplus for this Chatper
31 Verified Questions
31 Flashcards
Source URL: https://quizplus.com/quiz/4794
Sample Questions
Q1) What are the main forces that motivate MNEs such as Dell Computers to disaggregate their operations and activities to respond to national, regional and local needs and demands?
A) Social and economic forces.
B) Social and political forces.
C) Political and economic forces.
D) Economic and psychological forces.
Answer: B
Q2) A multinational industry is characterized by low national responsiveness and high global integration.
A)True
B)False
Answer: False
Q3) The search for global competitiveness is a major source of conflict between MNEs and host governments.
A)True
B)False
Answer: True
To view all questions and flashcards with answers, click on the resource link above. Page 4
Chapter 3: Developing Transnational Strategies: Building
Layers of Competitive Advantage
Available Study Resources on Quizplus for this Chatper
29 Verified Questions
29 Flashcards
Source URL: https://quizplus.com/quiz/4795
Sample Questions
Q1) According to an article in McKinsey Quarterly on June 2012 , about 40 percent of the growth of the global economy over the next 15 years will be generated in 400 midsized emerging-market cities. What are implications of this statement for MNEs in advanced and emerging economies?
Answer: The statement implies the increasing importance of cities especially in the emerging economies. This is the result both of the increase in the rate of urbanization in the world and the rise of some very large scale cities in the emerging economies. The size of the economy of some of these cities is larger than the whole economy of many countries. The implication for businesses is that they should go beyond having a country-level strategy, to a city level strategy (or a sub-national regional strategy).
Q2) The main drivers of MNEs' continual growth and prosperity are the desire to protect existing revenues and to increase profits.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above.
Page 5
Chapter 4: Developing a Transnational Organization:
Managing Integration, Responsiveness, and Flexibility
Available Study Resources on Quizplus for this Chatper
27 Verified Questions
27 Flashcards
Source URL: https://quizplus.com/quiz/4796
Sample Questions
Q1) MNEs that adopted a centralized hub organizational model were able to develop competitive advantage through their ability to transfer knowledge and expertise and adapt it to markets worldwide.
A)True
B)False
Q2) Historically, many large Japanese companies used a centralized hub configuration. The 2011 earthquake in Japan resulted in a significant cost to Canon by inhibiting its production process. In response, the CEO of Canon announced in the 2011 annual report that they will have three headquarters, instead of one. These will be based in each of the US, Europe, and Japan. What are the challenges that the company will face during this transition?
Q3) Companies that pursue a multinational strategy are inclined to adopt the decentralized federation organizational model.
A)True
B)False
Q4) In a transnational organization, knowledge is developed at the headquarters and transferred to foreign units.
A)True
B)False
6
To view all questions and flashcards with answers, click on the resource link above.
Chapter 5: Creating Worldwide Innovation and Learning:
Exploiting Cross Border Knowledge Management
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/4797
Sample Questions
Q1) Campbell Enterprises is an MNE in which local-for-local innovation is a priority. A new CEO wants to understand the conditions needed to make such innovations more effective, as well as your reasons for making such recommendations.
Q2) Mr. Smith is the recently appointed CEO of a diversified MNE operating in 22 countries on four continents and in multiple industries ranging from bulk chemicals to consumer packaged goods. He became concerned that in his very decentralized organization, all businesses were managed primarily by the national subsidiaries. With a poor record in innovation, Smith wondered what he could do to improve the innovation process. What two or three changes would you recommend he consider?
Q3) In transnational companies like Unilever, products, functions, and geographic regions are coordinated in a differentiated manner, accounting for the respective demands for integration and responsiveness.
A)True
B)False
Q4) What are the challenges associated with managing a center-for-global innovation process and what are some of the measures that can be employed to ensure that the process is efficient?
Q5) There is no one best way to manage innovation in MNEs. Please comment.
To view all questions and flashcards with answers, click on the resource link above. Page 7
Chapter 6: Engaging in Cross-Border Collaboration:
Managing across Corporate Boundaries
Available Study Resources on Quizplus for this Chatper
34 Verified Questions
34 Flashcards
Source URL: https://quizplus.com/quiz/4798
Sample Questions
Q1) Equality between partners is essential, regardless of the governance structure.
A)True
B)False
Q2) When the alliance's tasks are characterized by extensive functional interdependencies
A) it is preferable to have a dominant partner that can assume the functional tasks.
B) it is preferable to merge both companies.
C) the development of clear operating rules is the only way to maintain boundaries between the functions.
D) the creation of a separate entity is the most effective way to manage the linkages between the various functions.
Q3) Which of the following can inhibit a firm's ability to learn from the alliance?
A) The interface manager is not the target user of the knowledge.
B) The firm does not have an information system to diffuse the knowledge acquired.
C) The firm does not share its knowledge with the other partner.
D) The alliance knowledge is not codified.
Q4) Flexibility is often the key in a strategic alliance. Please comment.
To view all questions and flashcards with answers, click on the resource link above. Page 8
Chapter 7: Implementing the Strategy: Building
Multidimensional Capabilities
Available Study Resources on Quizplus for this Chatper
34 Verified Questions
34 Flashcards
Source URL: https://quizplus.com/quiz/4799
Sample Questions
Q1) In overseeing the worldwide distribution of key assets and resources, the global business manager is responsible for all of the following, except A) linking the assets and resources in a configuration that resembles the integrated network form.
B) seeking the input of geographic and functional managers.
C) complying with the wishes of local municipal governments responsible for governing the regions within which the assets and resources are situated.
D) leveraging existing resources and capabilities.
Q2) While the global business manager must routinely incorporate the perspectives of the geographic (country) managers when formulating the MNE's global business strategy, there is no need to incorporate the perspectives of the worldwide functional managers because these perspectives are incorporated into the formulation of the broader corporate strategy.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above.
Page 9
Chapter 8: The Future of the Transnational: An Evolving Global Role
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/4800
Sample Questions
Q1) Which of the following four adjectives are not typically used to describe the manner in which MNEs might respond to developing world needs:
A) transformative.
B) transactional.
C) exploitive.
D) compensatory.
Q2) Exploitive MNEs are often able to extract substantial concessions from host country governments because host countries are eager to secure which of the following in connection with new investments made by MNEs:
A) access to the MNEs' sources of international commercial credit.
B) employment and increased tax bases.
C) business intelligence pertaining to the nature of concessions being offered by other host countries.
D) complex financial instruments developed in first-world financial markets.
Q3) The relationship between transactional MNEs and non-governmental organizations (NGOs) is frequently characterized by confrontation and accusation.
A)True
B)False
To view all questions and flashcards with answers, click on the resource link above. Page 10