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Quiz-10

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Quiz 10
1. Absorptive
a) (The business leader in charge of a specific country (or region) for an MNE.
capacity
2. Center of
b) Knowledge that is codifiable (can be written down and transferred without
excellence
losing much of its richness
3. Country (regional) c) MNE subsidiary explicitly recognized as a source of important capabilities,
manager
with the intention that these capabilities be leveraged by and/or
disseminated to other subsidiaries.
4. Explicit
d) The ability to absorb new knowledge by recognizing the value of new
knowledge
information, assimilating it, and applying it.
5. Geographic area
e) (An organizational structure often used to alleviate the disadvantages
structure
associated with both geographic area and global product division
structures, especially for MNEs adopting a transnational strategy.)
6. Global account
f) (An organizational structure that assigns global responsibilities to each
structure
product division.)
7. Global matrix
g) (An organizational structure that organizes the MNE according to different
countries and regions and is the most appropriate structure for a
multidomestic strategy.)
8. Global product
h) (A customer-focused dimension that supplies customers (often other
division
MNEs) in a coordinated and consistent way across various countries.)
9. Global
i) (An MNE strategy that relies on the development and distribution of
standardization
standardized products worldwide to reap the maximum benefits from
strategy
lowcost advantages.)
10. Global virtual
j) (A strategy that emphasizes the international replication of home country–
team
based competencies such as production scales, distribution efficiencies,
and brand power.)
11. Home replication k) (A framework of MNE management on how to simultaneously deal with
strategy
two sets of pressures for global integration and local responsiveness.)
12. Integrationl) (A structure typically set up when firms initially expand abroad, often
responsiveness
engaging in a home replication strategy.)
framework
13. International
m) (Team whose members are physically dispersed in multiple locations in the
division
world. They cooperate on a virtual basis.)
14. Knowledge
n) (The structures, processes, and systems that actively develop, leverage,
management
and transfer knowledge.)
15. Local
o) (The necessity to be responsive to different customer preferences around
responsiveness
the world.)
16. Localization
p) (An MNE strategy that focuses on a number of foreign countries/regions,
(multi-domestic)
each of which is regarded as a stand-alone local (domestic) market worthy
strategy
of significant attention and adaptation.
17. Micro-macro link q) (The link between micro, informal interpersonal relationships among
managers of various units and macro, interorganizational cooperation
among various units.
18. Open innovation r) (The use of purposive inflows and outflows of knowledge to accelerate
internal innovation and expand the markets for external use of
innovation.)
19. Organizational
s) The collective programming of the mind that distinguishes members of
culture
one organization from another.
20. Social capital
t) (The proactive and deliberate pursuit of new business opportunities by an
MNE’s subsidiary to expand its scope of responsibility.)
21. Solutions-based
structure
22. Subsidiary
initiative
u) The informal benefits individuals and organizations derive from their social
structures and networks
v) (A customer-focused solution in which a provider sells whatever
combination of goods and services the customers prefer, including rivals’
offerings.
23. Tacit knowledge
24. Transnational
strategy
w) (The charter to be responsible for one MNE function throughout the
world.)
x) (An MNE strategy that endeavors to be cost efficient, locally responsive,
and learning driven simultaneously.
25. Worldwide
(global) mandate
y) (Knowledge that is not codifiable (that is, hard to be written down and
transmitted without losing much of its richness)
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