QUESTION 1
Setting up subsidiaries abroad when the work is done in-house only at the foreign location is also called:
Captive sourcing
Inshoring
Offshoring
Outsourcing
1 points
QUESTION 2
A global business perspective that deals with internal strengths and weaknesses is also called:
Global-business external view
Resource-based view
Institution-based view
Global-business internal view
1 points
QUESTION 3
The point at which an industry-specific activity becomes common across industries and the need to keep it proprietary no longer exists is also called:
Commoditization
Specification
Break even point
Pinnacle
1 points
QUESTION 4
An examination as to whether a firm has the resources and capabilities to perform a particular activity in a manner superior to competitors is:
Resources and capabilities test
Performance test
Asset appraisal
Benchmarking
1 points
QUESTION 5
When US firms offshore to India, how much do they save on each dollar invested?
58%
10%
80%
45%
1 points
QUESTION 6
The difficulty of identifying the causal determinants of successful firm performance is also called:
Causal identification
Ambiguity
Performance indicator
Causal ambiguity
1 points
QUESTION 7
Turning over an organizational activity to an outside supplier that will perform it on behalf of the local firm is also called:
Captive sourcing
Inshoring
Offshoring
Outsourcing
1 points
QUESTION 8
Which of the following is the implication for action based on the information in this chapter?
Managers need to build firm strengths based on the VRIO framework
Relentless imitation or benchmarking, while important, is not likely to be a successful strategy
Managers need to build up resources and capabilities for future competition
All of these answers
1 points
QUESTION 9
Which of the following is NOT a tangible asset?
Financial resources and capabilities
Physical resources and capabilities
Human resources and capabilities
Technological resources and capabilities
1 points
QUESTION 10
The view in global business which deals with external opportunity threats is also called:
Global-business external view
Resource-based view
Institution-based view
Global-business internal view
1 points
QUESTION 11
The resource-based view focuses on:
Value and rarity
Imitability
Organization and value
Value, rarity, imitability, and organization
1 points
QUESTION 12
Non-HR managers must be:
Curious
Competent
Proactive in managing international careers
Caring and courageous
1 points
QUESTION 13
“Expatriate failure” can be defined as
premature (earlier than expected) return
unmet business objectives
unfulfilled career development objectives
All of these answers
1 points
QUESTION 14
Which of the following is NOT a balance sheet approach disadvantage?
Costly
Great disparities between expatriates and HCNs
Variation between assignments in different locations for the same employees
Organizationally complex to administer
1 points
QUESTION 15
Problems associated with repatriation include:
Career anxiety and work adjustment
Loss of status and pay
Difficult for the spouse and children to adjust
All of these answers
1 points
QUESTION 16
Which of the following is NOT an advantage of parent-country nationals?
PNCs gain international experience.
PCNs may be the best people for the job because of special skills and experience.
Language and cultural barriers are eliminated.
Control and coordination by HQ are facilitated.
1 points
QUESTION 17
Which of the following is NOT a going rate approach advantage?
Simplicity
Identification with host country
Equality among PCNs, TCNs, and HCNs in the same location
Facilitates expatriate re-entry
1 points
QUESTION 18
Which of the following is NOT a disadvantage of host-country nationals?
Control and coordination by HQ may be impeded.
Adaptation may take a long time.
HCNs may have limited opportunities.
International experience for PCNs is limited.
1 points
QUESTION 19
Human resource management is indeed:
Strategic
One-dimensional
Simplistic
Cost prohibitive
1 points
QUESTION 20
MNE strategies are:
home replication
localization and global standardization
transnational
home replication, localization, global standardization, and transnational