Local responsiveness makes local customers and governments happy and helps decrease costs.

Related Questions

• Q43:

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  • Related Questions
  • Which element of knowledge management faces the common problem of à ⠀ Âœnot invented Hereã â € â syndrome?
  • Which strategy focuses on a number of foreign countries regions each of which is regarded as a standalone market worthy of significant attention and adaptation?
  • Which are the two primary pressures Mnes confront Group of answer choices?
  • Which of the following is a disadvantage of the home replication strategy?

  The structure that is typically set up when firms initially expand abroad is a: A)International division structure. B)Flexible matrix structure. C) Global product division structure. D) Global matrix structure.

  

• Q44:

  When it comes to the relationship between multinational strategy and structure, it is: A)​Best implemented through the superiority of the matrix structure. B)​Static. C) ​One of reciprocity. D) ​Mostly one way from structure to strategy.

• Q45:

  Which of the following is NOT true in regard to institution-based considerations? A)Externally, MNEs are subject to the formal institutional frameworks erected by various home- and host-country governments. B)Host-country governments often encourage, or coerce MNEs into undertaking certain activities. C) To staff the position of the head of a subsidiary, MNEs, in the absence of formal regulations, essentially have only one choice: to use a home-country national as the head of a subsidiary. D) Formal organizational charts do not necessarily reveal the informal rules of the game, such as organizational norms, values, and networks.

• Q46:

  In which of the following structures are foreign subsidiary managers not given sufficient voice relative to domestic managers? A)International division structure. B)Geographic area structure. C) Global product division structure. D) Global matrix structure.

• Q47:

  Multidomestic strategy involves all of the following EXCEPT: A)A focus on a number of foreign countries/regions. B)Regarding each foreign country as a stand-alone "domestic" market. C) Global standardization strategy is the same as a multidomestic strategy. D) High costs.

• Q49:

  Institutional factors that affect MNEs include: A)​External, informal factors. B)​Internal factors. C) ​External formal factors. D) ​All of the above.

• Q50:

  The most appropriate structure for a multidomestic strategy is a: A)International division structure. B)Geographic area structure. C) Flexible matrix structure. D) Global matrix structure.

• Q51:

  When a company's rivals all move toward a global standardization strategy, the strategy: A)​No longer satisfies the resource-based consideration of rarity. B)​Makes the rivals more innovative. C) ​Provides a source of differentiation. D) ​Allows for easier imitation of informal structures.

• Q52:

  When the pressure for cost reduction is high, the integration-response framework recommends which form of multinational structure/strategy? A)​Geographic area structure. B)​International division structure. C) ​Home replication strategy. D) ​Global standardization strategy.

• Q53:

  Within a given industry, as competitors increasingly match each other in cost efficiencies and local responsiveness A)​They will be less affected by the bargaining power of suppliers. B)​Their rivalry naturally focuses on learning and innovation. C) ​A geographic area division structure will become the most effective structure. D) ​R&D activities and innovation become less and less important.

The global standardization strategy lacks local responsiveness.

Free

True False

The geographic area structure is appropriate for a transnational strategy.

Free

True False

The relationship between strategy and structure is reciprocal.

Free

True False

Cost pressures often push MNEs to adapt locally.

True False

Many firms phase out the international division structure after their initial stage of overseas expansion.

True False

The home replication strategy duplicates home country-based competencies in foreign countries.

True False

The global product division structure organizes the MNE according to different geographic areas.

True False

A global matrix structure alleviates the disadvantages associated with both geographic area and global product division structures.

True False

Externally,MNEs are subject to the formal institutional frameworks erected by various home-country and host-country governments.

True False

Innovations flow only from the host countries to the home country in a transnational strategy.

True False

Local responsiveness makes local customers and governments happy and helps decrease costs.

True False

The global standardization strategy,despite its complexity,is still the best option at being cost effective,locally responsive,and learning-driven.

True False

The transnational strategy is usually the easiest strategy for an MNE to implement and the first one adopted when the firm ventures abroad.

True False

One of the disadvantages of the geographic area structure is that the country and regional managers are not given sufficient voice relative to the heads of the domestic divisions.

True False

The terms knowledge management and information management can be used interchangeably.

True False

MNEs that engage in a transnational strategy promote global learning.

True False

The integration-responsiveness framework allows managers to deal with the pressures for both global integration and local responsiveness.

True False

The international division structure is an organizational structure typically set up when a firm first engages in a home replication strategy.

True False

A localization strategy is effective when differences among national and regional markets are clear,and pressures for cost reductions are low.

True False

Management of MNE structure,learning,and innovation needs to take into account VRIO.

True False

Which element of knowledge management faces the common problem of à ⠀ Âœnot invented Hereã â € â syndrome?

Which strategy focuses on a number of foreign countries regions each of which is regarded as a standalone market worthy of significant attention and adaptation?

Which are the two primary pressures Mnes confront Group of answer choices?

Which of the following is a disadvantage of the home replication strategy?