L123

Question 1

motives internationalization Dunning + KPI

Answer 1

1. Market-seeking > market share
2. Efficiency-seeking > productivity
3. Recourse-seeking > input costs
4. Strategic asset-seeking > patents

Question 2

Impact technology on society

Answer 2

Space > activities not tied to 1 place
Time > fragmented tasks
Relationships > interconnected tasks, scattered participants, distant interactivity

Question 3

concepts of differences + example

Answer 3

1. Geographic = climate
2. Cultural = language
3. Administrative = government
4. Economic = incomes
5. Physic =

Question 4

country specific rules

Answer 4

Explicit = laws
Implicit = customs

Question 5

convergence vs. divergence example

Answer 5

convergence = political stability, human flows, language fluency
divergence = nationalism, religion, remote areas

Question 6

AAA strategies + example

Answer 6

1. adaptation = home preferences
2. aggregation = standardized preferences
3. arbitrage = local preferences

Question 7

International strategies Hennart 
firm - plant:
low - low 
low - high 
high - low 
high - high

Answer 7

firm - plant = strategy 
low - low = multi-domestric
low - high = global export based 
high - low = global  multi-plant
high - high = global

Question 8

Bartlett & Ghoshal 
integration - local responsiveness: 
low - low 
low - high 
high - low 
high - high

Answer 8

integration - local responsiveness - strategy
low - low = international 
low - high = global
high - low = multi-domestric
high - high = transnational

Question 9

plant vs. firm economies of scale

Answer 9

firm: about multiple plants > cost purchase price, managerial talent, marketing/dist
plant: about 1 single plant > cost per unit, employee specialization