Which one of the following four statements is correct?
A key feature of the global economy is the speed and coverage of technology transfer.
Globalization has simplified relationships between organizations through the creation of mutually dependent networks.
The impact of globalization has been almost exclusively upon the large corporation.
As a result of globalization, all firms have shifted their emphasis from a local/national to a global orientation.
Which one of the following four statements is correct?
Globalists believe that we are moving towards a borderless world but that firms still identify strongly with their country of origin.
Globalists believe that globalization is a force for good but they acknowledge that there is no plausible model that has yet been developed for the global economy.
Globalists believe that cultures are converging and in the growth of global products and services.
Globalists believe that the world economy is dominated by big business.
Which one of the following four statements is correct?
Globalization has caused costs to rise, especially in R&D and through increased technology transfer.
Globalization has been driven partly by the need for all firms to reduce costs.
Globalization has been driven mainly by the need for firms to come together and share costs.
Globalization has resulted partly from increased competition, driving firms to pay increased attention to ways of reducing costs.
Which one of the following four statements is correct?
Multinational firms are those that specialize in international trade and export activity.
Multinational firms have grown as national economies have grown.
Multinational firms operate most effectively when the organization structure and practices in overseas locations mirror those in the home country.
Much multinational expansion has been a product of the saturation of home markets and the need to recoup a growing financial investment in product and process technologies.
Which one of the following four statements is correct?
A transnational corporation is simply another name for an international business.
A transnational corporation mixes global and local strategies to achieve the maximum effectiveness for the company.
A transnational corporation operates multidomestically with products focused on local markets.
A transnational corporation has a centralized global strategy to achieve cost reductions wherever it operates.
Which one of the following four statements is correct?
Joint ventures are a means whereby companies can survive and grow in an increasingly competitive global economy.
A joint venture will achieve more than ttwo or more firms can achieve if they operate alone. The outcomes will be synergy and reduced costs.
Core competencies of competitor firms can only be accessed effectively through joint ventures.
The main reason for the growth of joint ventures is political, to achieve market entry into emerging economies.
Which one of the following four statements is correct?
The main reason for the failure of joint ventures is the personal incompatibility between the senior executives in the respective firms.
Joint ventures will inevitably fail if one of the parties wishes to assume dominant control.
Common reasons for the failure of joint ventures in manufacturing in emerging markets are the difficulties with the political system and the capabilities of the supply chain.
Joint ventures are bound to fail if the goals of the respective members are different.
Which one of the following four statements is correct?
Globally organized production systems are not possible without mergers or joint ventures.
Globally organized production systems offer a number of advantages, including cost reduction and building upon different core competencies in different countries.
Globally organized production systems have developed mainly to take advantage of cheap labour in poorer countries.
Globally organized production systems operate best in large high-tech corporations.