Integration Responsiveness Framework

An MNE management framework for simultaneously dealing with the pressures for both global integration and local responsiveness.

The need to be responsive to different customer preferences around the world.

Home Replication Strategy.

A strategy that emphasizes duplication home country based competencies in foreign countries.

Localization (or multi domestic) Strategy

A strategy that focuses on a number of foreign countries/ regions, each of which is regarded as a stand-alone local (domestic) market worth of significant attention and adaption.

Global Standardization Strategy

A strategy that relies on the development and distribution of standardized products worldwide to reap the maximum benefits from low-cost advantages.

An MNE subsidiary explicitly recognized as a source of important capabilities that can be leveraged by and/or disseminated to other subsidiaries.

Worldwide (or global) Mandate

A charter to be responsible for one MNE function throughout the world.

Transnational Strategy

A strategy that endeavors to be simultaneously cost efficient, locally responsive, and learning driven around the world.

International Division

An organizational structure that is typically set up when a firm initially expands abroad, often engaging in a home replication strategy.

Geographic Area Structure

An organizational structure that organizes the mNE according to different countries and regions.

Country (or regional) Manager

The business leader of a specific country (or geographic region).

Global Product Division Structure

An organizational structure that assigns global responsibilities to each product division.

An organizational structure often used to alleviate the disadvantages associated with both geographic area and global product division structures, particularly when adopting a transactional strategy.

Subsidiary Initiative

The proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility.

Organizational Culture

The collective programming of the mind that distinguishes members of one organization form another.

The structures, processes, and systems that actively develop, leverage, and transfer knowledge.

Knowledge that is modifiable (that is, can be written down and transferred with little loss of richness).

Knowledge that is non-codifiable, whose acquisition and transfer require hands-on practice.

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INB 300 ch.12

Term	Definition
Integration Responsiveness Framework	An MNE management framework for simultaneously dealing with the pressures for both global integration and local responsiveness.
Local Responsiveness	The need to be responsive to different customer preferences around the world.
Home Replication Strategy.	A strategy that emphasizes duplication home country based competencies in foreign countries.
Localization (or multi domestic) Strategy	A strategy that focuses on a number of foreign countries/ regions, each of which is regarded as a stand-alone local (domestic) market worth of significant attention and adaption.
Global Standardization Strategy	A strategy that relies on the development and distribution of standardized products worldwide to reap the maximum benefits from low-cost advantages.
Center of Excellence	An MNE subsidiary explicitly recognized as a source of important capabilities that can be leveraged by and/or disseminated to other subsidiaries.
Worldwide (or global) Mandate	A charter to be responsible for one MNE function throughout the world.
Transnational Strategy	A strategy that endeavors to be simultaneously cost efficient, locally responsive, and learning driven around the world.
International Division	An organizational structure that is typically set up when a firm initially expands abroad, often engaging in a home replication strategy.
Geographic Area Structure	An organizational structure that organizes the mNE according to different countries and regions.
Country (or regional) Manager	The business leader of a specific country (or geographic region).
Global Product Division Structure	An organizational structure that assigns global responsibilities to each product division.
Global Matrix	An organizational structure often used to alleviate the disadvantages associated with both geographic area and global product division structures, particularly when adopting a transactional strategy.
Subsidiary Initiative	The proactive and deliberate pursuit of new opportunities by a subsidiary to expand its scope of responsibility.
Organizational Culture	The collective programming of the mind that distinguishes members of one organization form another.
Knowledge Management	The structures, processes, and systems that actively develop, leverage, and transfer knowledge.
Explicit Knowledge	Knowledge that is modifiable (that is, can be written down and transferred with little loss of richness).
Tacit Knowledge	Knowledge that is non-codifiable, whose acquisition and transfer require hands-on practice.

Created by: tad9921

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