Podcast
Questions and Answers
Which of the following is NOT an internationalization path used to manage globalization?
Which of the following is NOT an internationalization path used to manage globalization?
What is a characteristic of the Meganational Internationalization Strategy?
What is a characteristic of the Meganational Internationalization Strategy?
What distinguishes the meganational approach from the multi-domestic and
transnational approaches in terms of decision-making?
What distinguishes the meganational approach from the multi-domestic and transnational approaches in terms of decision-making?
Which of the following is a benefit of globalization?
Which of the following is a benefit of globalization?
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Which of the three paths of globalization tries to balance local responsiveness and global integration?
Which of the three paths of globalization tries to balance local responsiveness and global integration?
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What is not a characteristic of a company that has psychological safety?
What is not a characteristic of a company that has psychological safety?
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Which of the following should a leader who wants to increase psychological safety in their
organization NOT do?
Which of the following should a leader who wants to increase psychological safety in their organization NOT do?
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Which of the following was not a result of Uber’s 2017 psychological safety issues?
Which of the following was not a result of Uber’s 2017 psychological safety issues?
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- Which of the following is a company lacking psychological safety most likely to experience?
- Which of the following is a company lacking psychological safety most likely to experience?
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Which of the following is NOT a benefit associated with fostering psychological safety in the
workplace?
Which of the following is NOT a benefit associated with fostering psychological safety in the workplace?
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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
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Description
Test your knowledge of internationalization paths used to manage globalization. Identify the correct methods and approaches used in global business and technology.
