Session 11

Question 1

global strategy

Answer 1

• sum of total activities that an organisation takes in order to compete in markets outside its home country

Question 2

international entry

Answer 2

-exporting
-licensing
-franchising
-join venture
-acquisition
-green-field development
-production sharing
-turnkey operation
-management contracts
-multinational organizations

Question 3

international strategic alliances

Answer 3

Partners must agree on fundamental values and have a shared vision about the potential for joint value creation

Question 4

stages of international development

Answer 4

1. domestic company
2. domestic company with export vision
3. primarily domestic company with international division
4. multinational corporation with multidomestic emphasis
5. multinational corporation with global emphasis

Question 5

1. domestic company

Answer 5

exports some products to local dealers

Question 6

2. domestic company with export vision

Answer 6

company to establish own sales company with offices in other countries

Question 7

3. primarily domestic company with international division

Answer 7

company to establish
manufacturing facilities in addition to sales and service offices in key countries.

Question 8

4. multinational corporation with multidomestic emphasis

Answer 8

-establishes local operating division or company in host country
-product line is expanded

Question 9

5. Multinational corporation with global emphasis

Answer 9

-worldwide human resources, R&D, and financing strategies

Question 10

improving the expat process

Answer 10

Have a compelling reason for sending a current employee to a new country.
Choose individuals who are open to the assignment and committed to adapt to the new environment

Question 11

measurement of performance

Answer 11

-international financial reporting standards