Unit 5 Reasoning and Organization - Reading Quiz

The simplest structure for a company to extend its operations overseas is a: Select one: a. global functioning structure b. international division c. overseas extension d. cross-geographic department Feedback The correct answer is: international division Question 2 Correct Mark 1.00 out of 1.00 Question text One of the disadvantages of having an international division is that: Select one: a. it consolidates the activity under one area of responsibility b. it eliminates the need for the entire organizations to master all the ins and outs of conducting business overseas c. it encourages the organization to approach business in the home country and overseas separately d. it makes it more difÏcult to hire competent staff Feedback The correct answer is: it encourages the organization to approach business in the home country and overseas separately Question 3 Correct Mark 1.00 out of 1.00 Question text One of the advantages of an area / geographic structure is that: Select one: a. economies of scale are easier to achieve b. the country organization is capable of sensing and understanding geographic specificities c. it focuses resources toward customers d. functional redundancies can be eliminated Feedback The correct answer is: the country organization is capable of sensing and understanding geographic specificities Question 4 Correct Mark 1.00 out of 1.00 Question text Ethnocentric stafÏng involves: Select one: a. hiring home country personnel to fill overseas positions b. stafÏng overseas positions with local personnel c. hiring personnel within one's ethnic group d. none of the above Feedback The correct answer is: hiring home country personnel to fill overseas positions Question 5 Correct Mark 1.00 out of 1.00 Question text In Multinational Corporations, succession planning: Select one: a. is most important at the local level b. is most important at the global level c. is equally important at the local and the global level d. should not be a priority Feedback The correct answer is: is equally important at the local and the global level Question 6 Correct Mark 1.00 out of 1.00 Question text National and organizational cultures can affect all of the following EXCEPT: Select one: a. corporate stragegy b. selection and reward systems c. compliance to laws and regulations d. conflict management style Feedback The correct answer is: compliance to laws and regulations Question 7 Correct Mark 1.00 out of 1.00 Question text The most important factor behind the failure rate of global joint ventures is: Select one: a. poor financial planning b. power struggles c. incompatible national laws and regulations d. misunderstood cultural differences Feedback The correct answer is: misunderstood cultural differences Question 8 Correct Mark 1.00 out of 1.00 Question text Transnational organizations use all the following strategies EXCEPT: Select one: a. focus on economies of scope b. emphasize flexibility c. homogeneous workforce d. mass customization of products Feedback The correct answer is: homogeneous workforce Question 9 Correct Mark 1.00 out of 1.00 Question text Transnational firms have multiple headquarters spread across the globe, resulting in: Select one: a. less hierarchically structured organizations b. more hierarchically structured organizations c. more centralized decision-making d. more standardized hiring practices Feedback The correct answer is: less hierarchically structured organizations Question 10 Correct Mark 1.00 out of 1.00 Question text Transnational process allows for: Select one: a. more standardized hiring practices b. more centralized hiring practices c. diversity of viewpoints and knowledge in decision-making d. uniformity of composition of the firm's managerial workforce Feedback The correct answer is: diversity of viewpoints and knowledge in decisionmaking Question 11 Correct Mark 1.00 out of 1.00 Question text Among all resources, the ones that have the highest potential of being the source of sustainable competitive advantage are: Select one: a. human resources b. financial resources c. research and development d. energy usage Feedback The correct answer is: human resources Question 12 Correct Mark 1.00 out of 1.00 Question text For a resource to be the source of sustained competitive advantage, it must be: Select one: a. Very Rightfully Important and Subjective b. Valuable, Rare, Inimitable and non-Substitutable c. Veritable, Rude, Inevitable and Submissive d. Variable, Resourceful, Irrefutable and Subduable Feedback The correct answer is: Valuable, Rare, Inimitable and non-Substitutable Question 13 Correct Mark 1.00 out of 1.00 Question text Human resources can provide sustainable competitive advantage to transnational firms by: Select one: a. increasing employee turn-over b. standardizing decision-making c. exploiting cultural synergies inherent in a diverse workforce d. reducing employment costs Feedback The correct answer is: exploiting cultural synergies inherent in a diverse workforce Question 14 Correct Mark 1.00 out of 1.00 Question text Managers from diverse cultural backgrounds: Select one: a. bring tacit knowledge of their country's legal, political, and economic situation b. make decision-making more difÏcult c. force the transnational firm to have standardized decision-making processes d. have a high turn-over rate Feedback The correct answer is: bring tacit knowledge of their country's legal, political, and economic situation Question 15 Correct Mark 1.00 out of 1.00 Question text For human resources pools to present a source of sustained competitive advantage, they must be: Select one: a. readily transferable b. partially vulnerable c. very honorable d. definitively regenerable Feedback The correct answer is: readily transferable