International Business Management
Exam Questions
Course Introduction
International Business Management explores the strategies, operations, and challenges faced by organizations operating across national borders. The course covers key concepts such as globalization, cross-cultural management, international market entry, global supply chain, and multinational business strategies. Students will analyze how cultural, economic, legal, and political environments affect international business decisions and the management of diverse teams. Emphasis is placed on practical skills for managing international partnerships, developing global business strategies, and understanding the complexities of international finance and marketing.
Recommended Textbook
Transnational Management Text Cases and Readings in Cross Border Management 7th Edition
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8 Chapters
245 Verified Questions
245 Flashcards
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Page 2
Chapter 1: Expanding Abroad: Motivations, Means, and Mentalities
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30 Verified Questions
30 Flashcards
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Sample Questions
Q1) Briefly compare and contrast the four mentalities toward internationalization.
Answer: Companies that have an international mentality produce products for the domestic market and only subsequently sell these products overseas. They transfer innovation and knowledge from the parent company to the foreign operators. These companies view themselves essentially as domestic with some foreign appendages. Companies that have a multinational mentality modify their products, strategies, and management practices country-by-country. These companies view themselves as nationally sensitive and responsive, thus the term multinational.
Companies that have a global mentality create products for a world market and manufacture them on a global level in a few highly efficient plants. These companies view the world, not just individual national markets, as their unit of analysis. Companies that have a transnational mentality are responsive to country-level operations; however, they coordinate these operations to sustain competitive effectiveness and economic efficiency. These companies view themselves as an integrated network.
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Chapter 2: Understanding the International Context:
Responding to Conflicting Environmental Forces
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31 Verified Questions
31 Flashcards
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Sample Questions
Q1) Global integration and coordination forces encountered by MNEs include economies of scale, government demands, and the expanding spiral of globalization.
A)True
B)False
Answer: False
Q2) A multinational industry is characterized by low national responsiveness and high global integration.
A)True
B)False
Answer: False
Q3) A firm's decision with respect to whether it should adopt a global, multinational or international strategy should be made without any consideration of the industry in which the firm operates.
A)True
B)False
Answer: False
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Chapter 3: Developing Transnational Strategies: Building
Layers of Competitive Advantage
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29 Verified Questions
29 Flashcards
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Sample Questions
Q1) Which of the following explain why cost reduction occurs in the context of scope economies?
A) high production volumes.
B) high production volumes and similarities in the resource requirements for different products.
C) high production volumes and the tendency of the firm to fully exploit its existing resources.
D) similarities in resource requirements for different products, as well as the tendency of the firm to fully exploit its existing resources.
Answer: D
Q2) Which of the following best describes a transnational company's asset and capability configuration?
A) assets and capabilities are centralized and globally scaled.
B) core competences are centralized, while other assets and capabilities are decentralized.
C) assets and capabilities are dispersed, interdependent and specialized. D) assets and capabilities are decentralized and nationally self-sufficient.
Answer: C
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Chapter 4: Developing a Transnational Organization:
Managing Integration, Responsiveness, and Flexibility
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27 Verified Questions
27 Flashcards
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Sample Questions
Q1) Installing a matrix structure is the most effective way to transition from an organization based on multiple regional divisions to one able to manage both geographic and product diversity.
A)True
B)False
Q2) Name and briefly describe three organizational characteristics that distinguish the transnational organization from multinational, international or global organizations.
Q3) Which of the following statements regarding knowledge diffusion is correct?
A) In a decentralized federation, knowledge is developed in national subsidiaries and diffused throughout the organization
B) In a centralized hub, knowledge is developed and retained at the center.
C) In a coordinated federation, knowledge is developed at the center and transferred to overseas units for local adaptation.
D) Knowledge diffusion is independent of structure, such that knowledge diffuses in a quite similar manner in all organizational structures.
Q4) Briefly discuss the characteristics of the decentralized federation organizational model.
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Chapter 5: Creating Worldwide Innovation and Learning:
Exploiting Cross Border Knowledge Management
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30 Verified Questions
30 Flashcards
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Sample Questions
Q1) Which of the following management assumptions is most likely to support transnational innovation in MNEs?
A) The roles of different organizational units should be uniform and symmetrical.
B) The headquarter-subsidiary relationship should be based on clear and unambiguous patterns of dependence or independence.
C) Career paths should be structured to give managers cross-border and cross-functional experience.
D) Headquarters should be responsible for exercising decision-making and control uniformly.
Q2) Emerging strategic demands make organizational models based on interdependence the most appropriate form for headquarter-subsidiary relationships.
A)True
B)False
Q3) A local-for-local approach to innovation is not compatible with cross-functional integration within national operations.
A)True
B)False
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Page 7
Chapter 6: Engaging in Cross-Border Collaboration:
Managing across Corporate Boundaries
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34 Verified Questions
34 Flashcards
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Sample Questions
Q1) Pre-alliance analysis is sufficient to ensure the success of a collaborative agreement. A)True
B)False
Q2) Allan is the CEO of a large corporation that wants to partner with a competitor to develop a new technology. Explain the potential risks that Allan's company may encounter by collaborating with a rival.
Q3) A car manufacturer and a multinational computer technology corporation intend to combine their strengths to develop intelligent sound systems for cars. Assuming that both companies will have a moderate to high level of interaction, what would be the most suitable form of alliance to adopt?
A) The firms should develop an R&D consortium, combining teams from both companies.
B) The firms should create an equity joint venture, combining assets from both companies.
C) The firms should create a licensing agreement to exploit the new application.
D) The firms should develop production facilities to be shared between the partners.
Q4) Flexibility is often the key in a strategic alliance. Please comment.
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Chapter 7: Implementing the Strategy: Building
Multidimensional Capabilities
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34 Verified Questions
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Sample Questions
Q1) In light of the dramatic changes in the organizational form of MNEs, which of the following do not receive enough attention from those who manage modern MNEs
A) a review of the new roles and responsibilities of the firm's managers.
B) the analysis of new international environmental forces.
C) the refinement of global strategy.
D) the study of characteristics that contribute to effective transnational organizations.
Q2) To respond to the heightened complexity and diversity associated with managing global operations in the 21<sup>st</sup> century, MNEs can be expected to increasingly adopt organizational forms characterized by hierarchical structures which emphasize either-or choices in place of forms that emphasize flexible coordinative processes and integrated networks of assets and resources.
A)True
B)False
Q3) The global business manager does not need to be located in the MNE's home country.
A)True
B)False
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Page 9
Chapter 8: The Future of the Transnational: An Evolving Global Role
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30 Verified Questions
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Sample Questions
Q1) Responsive MNEs act in a way that is sensitive and responsive to the needs of all its immediate stakeholders.
A)True
B)False
Q2) The primary difference between transactional MNEs and exploitive MNEs is that the former employs an approach that tends to be legally compliant and non-oppressive in its emerging market dealings.
A)True
B)False
Q3) MNEs that subscribe to the Labor Standards advocated by the United Nations' Global Compact could be expected to do each of the following except
A) prohibit any children from being employed by the company.
B) prohibit unruly or militant employees from trying to convince other employees to join a labor union.
C) prohibit workplace discrimination against female employees.
D) prohibit managers from engaging unemployed individuals in compulsory labor.
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