Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

International Business > BU1540 International Business Week 7 - Week 10 > Flashcards

BU1540 International Business Week 7 - Week 10 Flashcards

1
Q

What is the Integration Responsiveness Grid (IR)

A

provides straightforward framework to organize analysis.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is the formal arrangement of roles, responsibilities, and relationships in the MNE represents

A

organization structures

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What are the strategy types used by MNEs

A

International, localization, Global and Transnational

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What are the 4 types of Knowledge Governance

A

Knowledge retention, knowledge sharing, knowledge transmission, knowledge utilization.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

In the context of mergers and acquisitions, what term is used to call the similarity in organisational cultures, systems and structures?

A

Organisational fit refers to the cultural and structural characteristics of the two organisations that affect the ability to integrate the acquired company.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Which of the following is NOT a motivation for cross-border M&A?

A

Philanthropy and foreign aid.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Type of International Business

A

The type of international businesses: Private companies (MNEs, SMEs, INVs), NGOs and SOEs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are the forms of international partnership?

A

Merger, Acquisition, alliances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

represents a combination of assets of two firms to establish a new legal entity. What type of partnership is this?

A

Merger

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

the assets of the acquired firm (target) are absorbed by the acquirer

A

Acquistion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is a resource driven acquisition?

A

focuses on defining the needs for the project, and obtaining the right resources for the team and other resources and tools available to manage the effort

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Fair Labor Associations

A

external independent monitoring, compliants procedures and public reporting

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is a GDP?

A

measures as the sum of value added by resident firms, households, and government operating in an economy.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

GNP?

A

In addition to GDP, GNP measures earnings of non resident sources. earnings sent back to Mexico.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

GNI

A

New term no difference between GNP and GNI (gross national income)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Transfer of control of operations and management from one firm (target) to another (acquirer), the former becoming a unit of the later

A

Acquisition

17
Q

M&A involving companies based in different countries

A

Cross - border M&A

18
Q

Carve out acquisition

A

acquisition of parts that another company previously were not clearly defined organizational units

19
Q

Synergies meaning

A

between two merging organizations mean that the new organization is more valuable than the two organizations separately. Add value

20
Q

Hubris

A

managers overconfidence in their own capabilities.

21
Q

What are the motives for acquisitions?

A

Synergistic motives, hubris motives, managerial motives

22
Q

What are strategic alliances?

A

Collaboration between independent firms using equity modes, non-equity contractual agreements, or both.

alternative to a full take over:
JV’s joint ventures
research and collaboration
joint production

23
Q

Due Diligence

A

Due Diligence the assessment of the target firms financial status, resources and strategic fit.

24
Q

Which of the following best describes the meaning of capability?

A

A firm’s ability to utilise resources to achieve organisational outcomes.

25
Q

Which of the following can be an example of a challenge in the process of managinga cross-border M&A?

A

Lack of familiarity with foreign and institutions.

26
Q

Which of the following statements about M&A is TRUE?

A

M&As often fail because executives are paying attention only to the surface of the acquired company’s mission statement, expecting it to blend with that of their own company.

27
Q

MNEs are the primary drivers of the flows of investments, trade and knowledge across national borders true or false

A

True

28
Q

what are the 3 debates of Globalization?

A

process causes consequences

29
Q

How does distance increase risks?

A

distance between home and host economy, political, geographical, economic and cultural. Countries’ transportation and infrastructure.

30
Q

Provide a list of the the Multinationals theory?

A

Ownership and location advantages.
Foreign firms required ownership (or competitive) advantages over their local rivals.
Second ownership advantage lies in superior management and organization techniques.
Third source of ownership advantage can be found in finance.
Locational Factors.

31
Q

What are the internationalization and the boundaries of firms?

A

Transactions cost theories.

32
Q

What are the 3 types of transactions cost theories?

A

Rationality
Opportunism
Asset specificity.

33
Q

What are the components of knowledge based theories of the firm?

A

First the strategy of the firm or how it designs and rationalizes its objectives and how it intends to pursue them.
Is the structure of the firm or how it is organized and governed.
How the strategy and structure mold organizational capabilities.

34
Q

What is the eclectic paradigm of international production?

A

maintains that firms will engage in international production if they possess ownership advantages in a particular foreign market.
Ownership specific advantages
internationalization incentives advantages
location specific advantages.

35
Q

What is strategy in relation to international business?

A

then we ask the question, when you go international, what does that mean.
what is the strategy of the firm going international, why?
responding to local markets.

In simple terms, strategy refers to a firm’s long-term vision, underpinned by goals, values, and principles. In a corporate world, strategy can also be called a strategic plan that is presented in a document and published on the company website.

36
Q

what is a specific strategy for international business?

A

Costs is specific. What firms try to do within the constraints of what they can achieve. What kind of strategy adjustments do you have to make in order to actually go international. So when we look at strategy in the international context, then we’ve got to start thinking

37
Q

What are the analytical frameworks for strategy?

A

Firm specific resources and capabilities. (FSRCs): setting goals and objectives.

38
Q

What are the international strategy process and specifics? (specific set of issues)

A

increasing geographic spread
building cross-national economic integration
adapting to local conditions
pursuing markets, resources and strategic assets.

39
Q

What are the goals of multinational strategies?

A 
search for new markets.
the search for new resources
production efficiency seeking
technology seeking
the search for lower risk
countering the competition.

International Business (1 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions