Globalization and Internationalization

Questions and Answers

Which of the following is NOT an internationalization path used to manage globalization?

Meganational

What is a characteristic of the Meganational Internationalization Strategy?

Processes are Scalable and Repeatable

What distinguishes the meganational approach from the multi-domestic and transnational approaches in terms of decision-making?

Decision-making is centralized at global headquarters

Which of the following is a benefit of globalization?

All of the above Signup and view all the answers

Which of the three paths of globalization tries to balance local responsiveness and global integration?

Transnational Path Signup and view all the answers

What is not a characteristic of a company that has psychological safety?

Lack of trust among team members Signup and view all the answers

Which of the following should a leader who wants to increase psychological safety in their organization NOT do?

Utilize performance evaluations to place blame on employees for their wrongdoings and mistakes in an effort to fix them for the future Signup and view all the answers

Which of the following was not a result of Uber’s 2017 psychological safety issues?

Increased profits (2017 vs 2016) Signup and view all the answers

Which of the following is a company lacking psychological safety most likely to experience?

Decreased workplace productivity Signup and view all the answers

Which of the following is NOT a benefit associated with fostering psychological safety in the workplace?

Stifling employees' willingness to seek opportunities for growth and development Signup and view all the answers

Study Notes

Internationalization Paths

Mega-national internationalization strategy is characterized by centralized decision-making and standardized products worldwide
This approach differs from multi-domestic and transnational strategies, which involve more localized decision-making and product adaptation

Benefits of Globalization

Increased economic growth is a benefit of globalization

Management and Leadership

A company lacking psychological safety is likely to experience high turnover rates, decreased productivity, and poor communication
To increase psychological safety, leaders should not silence or humiliate employees, as this can create a culture of fear
Lack of psychological safety can lead to decreased innovation, motivation, and commitment among employees
Fostering psychological safety in the workplace can result in increased collaboration, creativity, and empowerment among employees

Uber's 2017 Psychological Safety Issues

In 2017, Uber faced issues related to psychological safety, including harassment, discrimination, and bullying
This led to a decrease in employee trust and commitment to the company