QUESTION 1

Setting up subsidiaries abroad when the work is done in-house only at the foreign location is also called:

Captive sourcing

Inshoring

Offshoring

Outsourcing
1 points
QUESTION 2

A global business perspective that deals with internal strengths and weaknesses is also called:

Global-business external view

Resource-based view

Institution-based view

Global-business internal view
1 points
QUESTION 3

The point at which an industry-specific activity becomes common across industries and the need to keep it proprietary no longer exists is also called:

Commoditization

Specification

Break even point

Pinnacle
1 points
QUESTION 4

An examination as to whether a firm has the resources and capabilities to perform a particular activity in a manner superior to competitors is:

Resources and capabilities test

Performance test

Asset appraisal

Benchmarking
1 points
QUESTION 5

When US firms offshore to India, how much do they save on each dollar invested?

58%

10%

80%

45%
1 points
QUESTION 6

The difficulty of identifying the causal determinants of successful firm performance is also called:

Causal identification

Ambiguity

Performance indicator

Causal ambiguity
1 points
QUESTION 7

Turning over an organizational activity to an outside supplier that will perform it on behalf of the local firm is also called:

Captive sourcing

Inshoring

Offshoring

Outsourcing
1 points
QUESTION 8

Which of the following is the implication for action based on the information in this chapter?

Managers need to build firm strengths based on the VRIO framework

Relentless imitation or benchmarking, while important, is not likely to be a successful strategy

Managers need to build up resources and capabilities for future competition

All of these answers
1 points
QUESTION 9

Which of the following is NOT a tangible asset?

Financial resources and capabilities

Physical resources and capabilities

Human resources and capabilities

Technological resources and capabilities
1 points
QUESTION 10

The view in global business which deals with external opportunity threats is also called:

Global-business external view

Resource-based view

Institution-based view

Global-business internal view
1 points
QUESTION 11

The resource-based view focuses on:

Value and rarity

Imitability

Organization and value

Value, rarity, imitability, and organization
1 points
QUESTION 12

Non-HR managers must be:

Curious

Competent

Proactive in managing international careers

Caring and courageous
1 points
QUESTION 13

“Expatriate failure” can be defined as

premature (earlier than expected) return

unmet business objectives

unfulfilled career development objectives

All of these answers
1 points
QUESTION 14

Which of the following is NOT a balance sheet approach disadvantage?

Costly

Great disparities between expatriates and HCNs

Variation between assignments in different locations for the same employees

Organizationally complex to administer
1 points
QUESTION 15

Problems associated with repatriation include:

Career anxiety and work adjustment

Loss of status and pay

Difficult for the spouse and children to adjust

All of these answers
1 points
QUESTION 16

Which of the following is NOT an advantage of parent-country nationals?

PNCs gain international experience.

PCNs may be the best people for the job because of special skills and experience.

Language and cultural barriers are eliminated.

Control and coordination by HQ are facilitated.
1 points
QUESTION 17

Which of the following is NOT a going rate approach advantage?

Simplicity

Identification with host country

Equality among PCNs, TCNs, and HCNs in the same location

Facilitates expatriate re-entry
1 points
QUESTION 18

Which of the following is NOT a disadvantage of host-country nationals?

Control and coordination by HQ may be impeded.

Adaptation may take a long time.

HCNs may have limited opportunities.

International experience for PCNs is limited.
1 points
QUESTION 19

Human resource management is indeed:

Strategic

One-dimensional

Simplistic

Cost prohibitive
1 points
QUESTION 20

MNE strategies are:

home replication

localization and global standardization

transnational

home replication, localization, global standardization, and transnational