Voyevodins' Library _ "International Business: Competing in the Global Marketplace" / Charles W.L. Hill ... Chapter 13 ... legal risk, legal system, Leontief paradox, letter of credit, licensing, local content requirement, location economies, location-specific advantages, logistics, Maastricht Treaty, maker, managed-float system, management networks, market economy, market imperfections, market makers, market power, market segmentation, marketing mix, masculinity versus femininity, mass customization, materials management, mercantilism, MERCOSUR, minimum efficient scale, MITI, mixed economy, money management, Moore's Law, moral hazard, mores, multidomestic strategy, Multilateral Agreement on Investment (MAI), multilateral netting, multinational enterprise (MNE), multipoint competition, multipoint pricing, new trade theory, nonconvertible currency, norms, North American Free Trade Agreement (NAFTA), oligopoly, Organization for Economic Cooperation and Development (OECD), outflows of FDI, output controls, Paris Convention for the Protection of Industrial Property Voevodin's Library: legal risk, legal system, Leontief paradox, letter of credit, licensing, local content requirement, location economies, location-specific advantages, logistics, Maastricht Treaty, maker, managed-float system, management networks, market economy, market imperfections, market makers, market power, market segmentation, marketing mix, masculinity versus femininity, mass customization, materials management, mercantilism, MERCOSUR, minimum efficient scale, MITI, mixed economy, money management, Moore's Law, moral hazard, mores, multidomestic strategy, Multilateral Agreement on Investment (MAI), multilateral netting, multinational enterprise (MNE), multipoint competition, multipoint pricing, new trade theory, nonconvertible currency, norms, North American Free Trade Agreement (NAFTA), oligopoly, Organization for Economic Cooperation and Development (OECD), outflows of FDI, output controls, Paris Convention for the Protection of Industrial Property


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Chapter 13 Outline

Critical Discussion Questions

  1. "The choice of strategy for a multinational firm to pursue must depend on a comparison of the benefits of that strategy (in terms of value creation) with the costs of implementing it (as defined by organizational requirements necessary for implementation). On this basis, it may be logical for some firms to pursue a multidomestic strategy, others a global or international strategy, and still others a transnational strategy." Is this statement correct?

  2. Discuss this statement: "An understanding of the causes and consequences of performance ambiguity is central to the issue of organizational design in multinational firms."

  3. Describe the organizational solutions a transnational firm might adopt to reduce the costs of control.

  4. What actions must a firm take to establish a viable organizationwide management network?
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