Harvard Business Review article Questions
QUESTION 1
- Based on the Harvard Business Review article by Steven Altman (2020), what are the key considerations of COVID-19’s impact on globalisation? [choose most correct answer]
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World Health Organisation (WHO) orders; supply chain policies; superpower frictions; technology shifts; public opinions |
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Global growth patterns; supply chain policies; superpower frictions; technology shifts; public opinions |
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Donald Trump’s election campaign; supply chain policies; technology shifts, public opinions |
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Global growth patterns; supply chain policies; superpower frictions; Amazon’s competitive advantage; public opinions |
1 points
QUESTION 2
- Bounded rationality means: [chose most correct answer]
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MNE decision-makers understand they will always be able to fulfil the organisation’s purpose. |
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MNE decision-makers will not always have all the information they need when aiming to fulfill the organisation’s purpose. |
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MNE decision-makers understand they will not always be able to fulfil the organisation’s purpose. |
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The decision-makers of a multinational enterprises (MNE) understand their work is to be aligned to the MNE’s purpose and ensure they have all the information they need to address problems. |
1 points
QUESTION 3
- Choose the most correct answer regarding Verbeke’s (2013) definition of international business strategy [as presented in this course]:
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International business strategy means effectively and efficiently matching a multinational enterprise’s internal strengths (relative to competitors) with the opportunities and challenges found in geographically dispersed environments that cross internal borders. Such matching is a pre-condition to creating value and satisfying stakeholders goals, both domestically and internationally. |
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All the answers provided. |
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International business strategy, while highly complex, still revolves around just six concepts. |
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The six concepts of international business strategy describe the distinct resource and competence base available to the firm, the importance of country differences, and the behavioural challenges of bounded rationality and bounded reliability in international business. |
1 points
QUESTION 4
- According to Verbeke’s (2013) seven concepts of international business strategy ‘recombining’ resources is not the same as combining resources.
True
False
1 points
QUESTION 5
- Based on the Harvard Business Review article by Bartlett & Ghoshal (1986), when classifying subsidiary roles in the multinational enterprise, decision makers should be guided by how low and high the:
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Strategic positioning of the market |
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Implementer’s potential for success is |
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Resource base of the subsidiary is compared to the strategic importance of the local market |
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Resource base of the subsidiary is compared to the strategic importance of the global market |
1 points
QUESTION 6
- Based on the Harvard Business Review article by Erin Meyer (2015), when negotiating with other cultures, multinational managers should be careful about putting initial negotiation in writing.
True
False
1 points
QUESTION 7
- There are four broad attributes of Porter (1990) Diamond model which individually and as system contribute to the national advantage. Which one of the following is not one of the four attributes of Porter’s Diamond:
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Related and supporting industries |
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Chance eg pandemic |
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Demand conditions |
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Factor conditions |
1 points
QUESTION 8
- Which four key dimensions of ‘distance’ should be considered when evaluating the attractiveness of a host country/counties [choose most correct answer]:
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Institutional; economic; cultural; same social norms |
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Cultural; administrative; geographic; economic |
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GDP; shared oceans; same language; same religion |
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Coloniser-colonised; administrative; spatial; economic |
1 points
QUESTION 9
- Based on the Harvard Business Review article by Prahalad & Hamel (1990), which of the following is NOT a key characteristic (or test) of a core competency?
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CEO reputation |
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Difficult to imitate |
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Makes a contribution to customer needs |
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Be broadly used in a variety of markets |
1 points
QUESTION 10
- Based on the Harvard Business Review article by Prahalad & Hamel (1990), what is the role of strategic management? [choose most correct answer]
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To avoid challenging strategic business units acting in their own self-interest. |
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To ensure all competence carriers, with deep knowledge of routines and instrumental to resource recombination, stay in one centralised location. |
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To develop strategic architecture which allows core competencies to development. Thus, to develop a road map of the future which identifies core competencies to build the required technologies. |
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To keep costs low through underinvesting in the development of core competencies and core products. |
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