Question:

Goffee and Jones use two variables to classify organizational cultures. These are:

A.

Sociability and Synergy

B.

Cohesion and Synergy

C.

Sociability and Solidarity

D.

Solidarity and Cohesion

Answer» c. Sociability and Solidarity

Question:

Strategic alliance cannot be between:

A.

Manufacturer and supplier

B.

Competitors

C.

Non- competitors

D.

None of the above

Answer» c. Non- competitors

Question:

One of the traps into which organizations can fall with respect to organizational learning is that they misread the reasons for success or failure. This trap is known as:

A.

Causal ambiguity

B.

Superstitious learning

C.

Surface learning

D.

Mistaken attribution learning

Answer» b. Superstitious learning

Question:

Pull factors refer to —

A.

offensive motives of internationalization

B.

strategic motivation

C.

market motives of internationalization

D.

resource-seeking motives

Answer» a. offensive motives of internationalization

Question:

In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections?

A.

Political

B.

Legal

C.

Political and economic and legal

D.

Political and environmental

Answer» d. Political and environmental

Question:

Globalization is beneficial for firms because:

A.

It protects them against foreign competition.

B.

It cushions them from the effects of events in other countries.

C.

It opens up new market opportunities.

D.

It increases the risk and uncertainty of operating in a globalizing world economy.

Answer» b. It cushions them from the effects of events in other countries.

Question:

The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of

A.

Subsidiary

B.

Joint venture

C.

Strategic International Alliance

D.

License agreement

Answer» c. Strategic International Alliance

Question:

Ethnocentric views concentrate on their

A.

home country

B.

host country

C.

world orientation

D.

Raci al orientation

Answer» a. home country

Question:

A situation in which the joint moves of two firms can determine how much money each firm can make or lose can be explained using the story of:

A.

The Trojan Horse

B.

The Icarus Paradox

C.

The Prisoner’s Dilemma

D.

The Icarus Dilemma

Answer» d. The Icarus Dilemma

Question:

According to Porter, dealing with the paradox of premature commitment versus not enough commitment involves some kind of:

A.

Trade-off

B.

Lock-in

C.

Lock-out

D.

Diversification

Answer» c. Lock-out