What is a key paradox of globalization today?
a. Despite the depth and breadth of globalization, most EEs work within a few hundred kilometers
of their
... [Show More] birthplace
b. Despite the importance of environmental and political forces, globalization today remains a
purely economic phenomenon
c. The rise of global technologies has, ironically, made global trade more difficult
d. The growth of developing nations, notably China and India, has forced developed nations to
become less global in their trade policies ✔✔A
What is one of the three considerations for understanding global forces?
a. The various PESTLE-type forces shaping globalization today are each isolated and can best be
understood in terms of their unique individual effects
b. The effects of any given global force will be felt consistently and universally across the globe
c. Any given global force will have equal but opposite effects in emerging countries versus
developed countries
d. While the effects of a given globalization force are global, their impact may be uniquely felt by
different cultures, industries, and organizations ✔✔D
What term has been coined to describe the age and education differences in emerging versus
developed economies?
a. Diaspora
b. Demographic dichotomy
c. Globalization
d. Reverse innovation ✔✔B
What type of product would provide an example of reverse innovation?
a. A more expensive version of an existing product targeted for emerging economies
b. a copycat product created via reverse engineering
c. A product made by or for an emerging economy that is then sold in developed economies
d. A "new" product that is actually a much older version of an existing product ✔✔C
What is a good example of a "pull" factor attracting organizations toward globalization?
a. Globalized supply chain
b. Government policies that promote outward foreign investment
c. Shortfalls in natural resources and talent supply
d. Increased cost pressures and competition ✔✔B
The choice whether to emphasize global integration or local responsivness is generally determined
by a mix fo four types of drivers. What driver type is being examined when considering the
availability of global distribution networks?
a. Market drivers
b. Cost drivers
c. Governmental drivers
d. Competitive drivers ✔✔A
What globalization strategy is most likely to benefit a small organization whose brand is not well
established?
a. Identity alignment
b. Identity diversity
c. Process alignment
d. Process diversity ✔✔A
What term describes the globalization strategy of a firm that exports its products or services to
foreign countries while developing processes and strategy in the home country?
a. International
b. Multidomestic
c. Global
d. Transnational ✔✔A
What term describes the globalization strategy of a firm that is a decentralized portfolio of
subsidiaries that develop their own goals and strategies?
a. International
b. Multidomestic
c. Global
d. Transnational ✔✔B
What term did Perlmutter use to describe a multinational enterprise whose subsidiaries are not
satellites or independent bodies but instead participate with HQ as a network?
a. Ethnocentric
b. Polycentric
c. Regiocentric
d. Geocentric ✔✔D
What has been the key effect of globalization on the practice of offshoring?
a. It has almost eliminated offshoring by creating new problems such as quality control, high
turnover, and intellectual property loss
b. It has imposed new legal restrictions sot hat most offshoring is now done by emerging nationbased companies who offshore production to developed nations.
c. It has changed the cost-saving dynamics so that almost all offshoring is done by firms based in
developed nations who offshore production to emerging nations
d. It has changed incentives so that much offshoring is now done to be near new markets rather
than to save on labor, transportation, or materials costs ✔✔D
What key global HR skill is demonstrated by a global HR professional who provides training that
improves her organization's cultural awareness and adaptability?
a. Developing a strategic view of the organization
b. Developing meaningful metrics
c. Developing a global organizational culture
d. Developing risk management policies and practices ✔✔C
What is a key aspect of implementing a strategic-systematic approach to global assignments?
a. Focus on a quick-fix approach to a ST problem in a foreign operation
b. Approach global assignments as ST expenses
c. Develop future executives w/ essential global perspectives and experiences
d. Perform coordination and control functions between the home office and foreign operations only
as problems arise ✔✔C
How was the traditional role and definition of an "expat' changed?
a. Assignments today are made only from the home office to a foreign subsidiary
b. Technology has eliminated much of the sense of isolation in a foreign country
c. The average time frame for assignments has now lengthened
d. Growing travel expenses and lower labor costs abroad have nearly eliminated foreign
assignments ✔✔B
What is one critical step in the candidate selection process?
a. To ensure that the selection process stays focused on the actual jobs assignment, interview only
the candidates themselves
b. To assure a consistent assessment, use only one data-gathering instrument
c. In the interest of objectivity, keep home-and hose-country managers out of the selection process
d. To ensure a broad selection of qualified candidates, create and maintain a potential global
assignee talent pool ✔✔D [Show Less]