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Practice Questions on Global Strategy and International Business
Gebruik de 64 oefenvragen om jezelf voor te bereiden en te testen of je de leerstof kent.
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DownloadWhat are the three vectors of power that global strategy must navigate according to Buckley (2022)?
Omdraaien
The three vectors of power are state policies/government regulation, demands of civil society, and market pressures/competitive action.
Why is innovation considered an enduring advantage for global corporations?
Omdraaien
Innovation is considered an enduring advantage because it allows corporations to adapt to increased government regulation and intensification of non-market strategies, thereby improving responses to international competition.
What is the governance triangle in the context of global strategy?
Omdraaien
The governance triangle includes governance through coordination (the role of the state), governance through competition (the market), and governance through argumentation (civil society).
What does the term liability of foreignness refer to?
Omdraaien
Liability of foreignness refers to the inherent disadvantages that foreign firms face when operating in a host country, such as poorer access to local information and resources or a lack of legitimacy.
How do Brouthers & Brouthers (2003) differentiate between the entry mode choices of manufacturing and service firms?
Omdraaien
Manufacturing firms are more responsive to investment components of TCE, focusing on environmental uncertainty, while service firms are more influenced by behavioral uncertainties due to their people-intensive nature.
What is the Uppsala Internationalization Model?
Omdraaien
The Uppsala Internationalization Model describes the incremental process by which firms increase their international involvement, focusing on the interaction between a firms market knowledge and its commitment to foreign markets.
What are the two kinds of knowledge in the Uppsala model?
Omdraaien
The two kinds of knowledge are experiential knowledge, which is acquired through experience and reduces market uncertainty, and objective knowledge, which can be taught.
How do global cities help MNEs overcome the liability of foreignness?
Omdraaien
Global cities offer interconnectedness, advanced producer services, and a cosmopolitan environment, which help reduce search costs, accelerate learning, and legitimize foreign firms.
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What are the three vectors of power that global strategy must navigate according to Buckley (2022)?
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The three vectors of power are state policies/government regulation, demands of civil society, and market pressures/competitive action.
Jouw antwoord:
input text value
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Vraag:
Why is innovation considered an enduring advantage for global corporations?
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Controleer antwoordAntwoord:
Innovation is considered an enduring advantage because it allows corporations to adapt to increased government regulation and intensification of non-market strategies, thereby improving responses to international competition.
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input text value
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Vraag:
What is the governance triangle in the context of global strategy?
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Controleer antwoordAntwoord:
The governance triangle includes governance through coordination (the role of the state), governance through competition (the market), and governance through argumentation (civil society).
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input text value
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Vraag:
What does the term liability of foreignness refer to?
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Controleer antwoordAntwoord:
Liability of foreignness refers to the inherent disadvantages that foreign firms face when operating in a host country, such as poorer access to local information and resources or a lack of legitimacy.
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input text value
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Vraag:
How do Brouthers & Brouthers (2003) differentiate between the entry mode choices of manufacturing and service firms?
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Controleer antwoordAntwoord:
Manufacturing firms are more responsive to investment components of TCE, focusing on environmental uncertainty, while service firms are more influenced by behavioral uncertainties due to their people-intensive nature.
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input text value
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Vraag:
What is the Uppsala Internationalization Model?
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Controleer antwoordAntwoord:
The Uppsala Internationalization Model describes the incremental process by which firms increase their international involvement, focusing on the interaction between a firms market knowledge and its commitment to foreign markets.
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Vraag:
What are the two kinds of knowledge in the Uppsala model?
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Controleer antwoordAntwoord:
The two kinds of knowledge are experiential knowledge, which is acquired through experience and reduces market uncertainty, and objective knowledge, which can be taught.
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input text value
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Vraag:
How do global cities help MNEs overcome the liability of foreignness?
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Controleer antwoordAntwoord:
Global cities offer interconnectedness, advanced producer services, and a cosmopolitan environment, which help reduce search costs, accelerate learning, and legitimize foreign firms.
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This set of practice questions is designed to test your understanding of key concepts related to global strategy, internationalization, non-market environments, and institutional theory as covered in the lectures. Each question is accompanied by an answer to help you assess your knowledge and comprehension of the topics discussed.
Aantal
64 oefenvragen
Taal
English
Gemaakt op
29-10-2024
Opleiding
Universiteit / Radboud Universiteit Nijmegen / Business Administration
Bekijk alle 64 oefenvragen
-
What are the three vectors of power that global strategy must navigate according to Buckley (2022)?
The three vectors of power are state policies/government regulation, demands of civil society, and market pressures/competitive action. -
Why is innovation considered an enduring advantage for global corporations?
Innovation is considered an enduring advantage because it allows corporations to adapt to increased government regulation and intensification of non-market strategies, thereby improving responses to international competition. -
What is the governance triangle in the context of global strategy?
The governance triangle includes governance through coordination (the role of the state), governance through competition (the market), and governance through argumentation (civil society). -
What does the term liability of foreignness refer to?
Liability of foreignness refers to the inherent disadvantages that foreign firms face when operating in a host country, such as poorer access to local information and resources or a lack of legitimacy. -
How do Brouthers & Brouthers (2003) differentiate between the entry mode choices of manufacturing and service firms?
Manufacturing firms are more responsive to investment components of TCE, focusing on environmental uncertainty, while service firms are more influenced by behavioral uncertainties due to their people-intensive nature. -
What is the Uppsala Internationalization Model?
The Uppsala Internationalization Model describes the incremental process by which firms increase their international involvement, focusing on the interaction between a firms market knowledge and its commitment to foreign markets. -
What are the two kinds of knowledge in the Uppsala model?
The two kinds of knowledge are experiential knowledge, which is acquired through experience and reduces market uncertainty, and objective knowledge, which can be taught. -
How do global cities help MNEs overcome the liability of foreignness?
Global cities offer interconnectedness, advanced producer services, and a cosmopolitan environment, which help reduce search costs, accelerate learning, and legitimize foreign firms. -
What is the significance of clusters according to Porter (1998)?
-
How can firms upgrade their position in global value chains?
-
What role does legitimacy play in institutional entrepreneurship?
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What is the difference between adaptive and transformative non-market strategies?
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What are the three mechanisms of isomorphism according to DiMaggio & Powell (1983)?
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How do firms use non-market strategies in weak institutional contexts?
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What is the attention-based view in the context of subsidiaries gaining attention from headquarters?
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What is the significance of weight and voice in gaining attention from headquarters?
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How do emerging market MNEs differ from advanced economy MNEs in managing global value chains?
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What is the role of external audiences in the emergence of new market categories?
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How does the concept of optimal distinctiveness apply to new market categories?
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What are the benefits of clustering for firms according to Porter (1998)?
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What is the difference between market-driven and non-market-driven costs?
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How does the liability of outsidership differ from the liability of foreignness?
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What is the significance of global cities in MNE location strategies?
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How do firms navigate between sameness and difference in new market categories?
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What are the two main theoretical issues addressed by Strange & Humphrey (2019)?
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How do non-equity modes help firms maintain control over externalized GVC activities?
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What are the four factors that make additive non-market strategies more attractive?
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What is the role of social capital in institutional strategies?
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How do firms use institutional strategies to manage non-market environments?
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What is the role of codifiability of information in GVC governance?
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How do emerging market firms upgrade their capabilities in GVCs?
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What are the challenges faced by emerging market MNEs in GVCs?
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How do firms use collective strategies in weak institutional contexts?
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Why is legitimacy important for firms in new market categories?
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What is the significance of the governance triangle in global strategy?
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How do firms enhance the transferability of their competitive advantages internationally?
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What is the impact of psychic distance on internationalization according to the Uppsala model?
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How do firms use standardization strategies in institutional entrepreneurship?
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What are the key findings of Flores & Aguilera (2007) regarding MNC location choices?
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How do firms manage the tension between global integration and local responsiveness?
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What is the significance of double-layered acculturation in MNEs?
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How do firms use membership strategies to gain legitimacy?
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What are the benefits of using a transnational strategy for MNEs?
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How do firms use influence strategies in transformative non-market strategies?
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What are the implications of the attention-based view for subsidiary management?
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How do firms use voice to gain attention from headquarters?
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What is the role of power asymmetries in GVC governance?
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How do firms use co-location advantages in their location strategies?
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What are the key differences in governance strategies between emerging market and advanced economy firms?
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How do firms use emergent strategies in institutional entrepreneurship?
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What is the significance of geographic distance in subsidiary attention from headquarters?
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How do firms use strategic isolation to their advantage in subsidiary management?
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What is the impact of non-equity modes on GVC governance?
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How do firms use modular governance structures in GVCs?
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What is the role of cosmopolitanism in reducing the liability of foreignness?
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How do firms use collective strategies to manage common resources?
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What are the implications of the liability of outsidership for internationalization?
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How do firms use strategic asset-seeking motives in FDI location choices?
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What is the significance of internalization theory in GVC governance?
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How do firms use codifiability of information in GVC governance?
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What is the impact of cultural distance on internationalization according to the Uppsala model?
-
How do firms use influence strategies in non-market environments?
-
What are the benefits of using a multi-domestic strategy for MNEs?
-
How do firms use emergent strategies in non-market environments?
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