McQ 1-100

Exploring national culture as the key variable in management practice

Convergence towards a global system

Political constraints and political risks

<p>Many parties represent a wide spectrum of views and coalition is likely</p> Signup and view all the answers

<p>Granting the right to patent to the first entity to file for it</p> Signup and view all the answers

<p>A perspective deeply rooted in one's own culture and excludes others</p> Signup and view all the answers

<p>Pursuing mutual interests between firms</p> Signup and view all the answers

<p>Difficulties arising from different norms and rules in foreign markets</p> Signup and view all the answers

<p>A firm's unfamiliarity with the culture of a foreign business location</p> Signup and view all the answers

<p>Indirect exporting, direct exporting, and counter trade</p> Signup and view all the answers

<p>Competitive pressures and declining domestic sales</p> Signup and view all the answers

<p>Government-induced changes in ownership structure or the requirement to share ownership with local firms</p> Signup and view all the answers

<p>Potential changes to rules and tax systems in foreign business locations</p> Signup and view all the answers

<p>International licensing and franchising</p> Signup and view all the answers

<p>Commercial enterprises undertaken jointly by two or more parties</p> Signup and view all the answers

<p>Other firms from entering a strategic group and threatening existing firms</p> Signup and view all the answers

<p>The understanding that when different cultures are diverged or converged longitudinally over a given period, there will also be a noticed shift in the ranking of cultural differences between these cultures as they will merge to share certain cross-cultural similarities or dissimilarities</p> Signup and view all the answers

<p>The perspective of individuals and organisations which recognizes their own culture as one among many and strives to understand differing cultures</p> Signup and view all the answers

<p>The belief that life is predetermined &amp; change is relatively difficult to achieve</p> Signup and view all the answers

<p>Technology &amp; economics are making countries more alike, and with global integration of markets &amp; diffusion of MNC practices convergence will increase</p> Signup and view all the answers

<p>Opportunities for local firms to benefit from FDI, gaining technological competence which generates new local businesses and technological capacities</p> Signup and view all the answers

<p>Ethnocentric, Polycentric, Geocentric, Regio centric</p> Signup and view all the answers

<p>An organisation encounters a new market or An event which puts some human value / activity at stake. Cultural understanding and appreciation are key for a manager</p> Signup and view all the answers

<p>Rule of Origin Laws, Competition, Marketing and Distribution, Product Liability Laws, Patents</p> Signup and view all the answers

<p>Developing dynamic capabilities to create, deploy, and upgrade resources for maintaining competitive advantage</p> Signup and view all the answers

<p>Two broadly based parties that dominate, alternating between government and opposition</p> Signup and view all the answers

<p>Rule by one or more individuals who have absolute power and no substantive accountability for citizens</p> Signup and view all the answers

<p>National culture as the key variable</p> Signup and view all the answers

<p>Fatalistic V deterministic; belief that life is predetermined &amp; change is relatively difficult to achieve</p> Signup and view all the answers

<p>The persistence of diversity in customer preferences</p> Signup and view all the answers

<p>It recognizes one's own culture as one among many and seeks to understand differing cultures</p> Signup and view all the answers

<p>The increasing similarity of countries due to global integration and diffusion of MNC practices</p> Signup and view all the answers

<p>Ethnocentrism</p> Signup and view all the answers

<p>Polycentric</p> Signup and view all the answers

<p>Recruitment and Selection, Hiring, Preparation, Expatriation, Repatriation</p> Signup and view all the answers

<p>Rule of Origin Laws</p> Signup and view all the answers

<p>Life is predetermined &amp; change is relatively difficult to achieve</p> Signup and view all the answers

<p>Levels of technological advancement</p> Signup and view all the answers

<p>Military invasion, Global imbalance, Trading partner disputes</p> Signup and view all the answers

<p>Control over the means and methods on which the whole conduct of an organisation depends</p> Signup and view all the answers

<p>Rule by one or more individuals who have absolute power and no substantive accountability for citizens</p> Signup and view all the answers

<p>MNCs cannot rely on existing resources but must develop dynamic capabilities to create, deploy and upgrade resources in pursuit of maintaining competitive advantage</p> Signup and view all the answers

<p>Two broadly based parties that dominate, alternating between government and opposition</p> Signup and view all the answers

<p>Political constraints and political risks</p> Signup and view all the answers

<p>To grant the right to patent to the first entity to file for it</p> Signup and view all the answers

<p>Hofstede's Cultural Dimensions and Trompenaars’s Relational Dimensions</p> Signup and view all the answers

<p>A perspective that is deeply rooted in one's own culture and excludes others</p> Signup and view all the answers

<p>To pursue mutual interests between firms</p> Signup and view all the answers

<p>Indirect exporting and counter trade</p> Signup and view all the answers

<p>International licensing and franchising</p> Signup and view all the answers

<p>Firms from entering a strategic group and threatening existing firms</p> Signup and view all the answers

<p>Competitive pressures and declining domestic sales</p> Signup and view all the answers

<p>Government-induced changes in ownership structure</p> Signup and view all the answers

<p>A firm's unfamiliarity with the culture of a foreign business location</p> Signup and view all the answers

<p>Pursuing mutual interests between firms</p> Signup and view all the answers

<p>The difficulties arising from different norms and rules in foreign markets</p> Signup and view all the answers

<p>Strategic decision making</p> Signup and view all the answers

<p>Partnership between companies in different lines of business</p> Signup and view all the answers

<p>Partnership between a supplier and buyer in the supply chain</p> Signup and view all the answers

<p>Strategic and cultural fit</p> Signup and view all the answers

<p>Control over the means and methods on which the whole conduct of an organisation depends</p> Signup and view all the answers

<p>Single strategy for the entire global network for subsidiaries and partners</p> Signup and view all the answers

<p>Local responsiveness</p> Signup and view all the answers

<p>Levels of integration, personal contact, technology, and political engagement</p> Signup and view all the answers

<p>Cultural understanding</p> Signup and view all the answers

<p>Persisting diversity of customers</p> Signup and view all the answers

<p>Recognition of one's own culture as one among many and striving to understand differing cultures</p> Signup and view all the answers

<p>Ethnocentric, Regiocentric, Polycentric, Geocentric</p> Signup and view all the answers