MNC GFMA6023 A241

Which is the following is NOT the reason for Toys "R" Us failure in the market?

• Blurring of industry boundaries.

• Superb quality of Toys "R" Us products.

• Hypercompetition.

• Changing of toys industry.

Some companies have succeeded at harnessing symbols and others have not. I was talking to a group of our employees recently and I asked them, “Can you think of a company whose symbol you would tattoo on your body?”

• Ferrari

• Harley Davidson

• Honda

• Chrysler

One example of power distance in social research is _________________. This means that there is a small spread between the richest and the poorest of people in society. Austria is an example of a low power distance country on this measure.

• comparing expenditure pattern.

• comparing inflation rate.

• comparing income inequality

• comparing housing price.

“Show no weakness”: a workplace that demands swaggering confidence, never admitting doubt or mistakes, and suppressing any tender or vulnerable emotions (“no sissy stuff”). This description suits:

• uncertainty avoidance.

• masculinity.

• power distance.

• individualism.

Tesla has created a culture, and a management process that aims to help its employees form behaviours, which means they instinctively think creatively and innovatively. Why? Because it’s these behaviours that will contribute to, and maintain, the company’s effectiveness to provide the market with products that others are not yet thinking about, let alone offer. Tesla attributes its ability to remain competitive to these behaviours.  This description suits:

• humane orientation.

• performance orientation.

Which is not the ethical issues face by MNCs?

• Environmental pollution.

• Expansion to third world country.

• Nepotism.

• Indigenous people rights.

Which of the following is not long term Confucian orientation:

• Value synthesis in organizational decisions.

• Sensitivity to social relationships.

• Often use quick layoffs of “excess” employees to adjust to shrinking demand for products.

• Acceptance of slow results.

Humane Orientation refers to the degree to which the society encourages societal members to innovate, to improve their performance, and to strive for excellence.

• True

• False

Companies like Trader Joe's and Whole Foods, for example, are all about organic food and a healthy lifestyle, both of which appeal to a wide range of consumers from various backgrounds.This is an example of:

• Differentiation strategy.

• Generic strategies.

• Competitive advantage.

• Focus strategy.

When should a multinational company outsource?

• MNCs can find sources of low cost or differentiation advantages.

• Outsourced tasks is crucial to the MNC’s.

• If an outsider can perform a value-chain task better or more cheaply.

• To get expert input.