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Week 13

QuestionAnswer
integration-responsiveness framework An MNE management framework for simultaneously dealing with the pressures for both global integration and local responsiveness. (p. 186)
local responsiveness The need to be responsive to different customer preferences around the world. (p. 186)
home replication strategy A strategy that emphasizes duplicating home-country-based competencies in foreign countries.
ocalization (multidomestic) strategy A strategy that focuses on a number of foreign countries/regions, each of which is regarded as a standalone local (domestic) market worthy of significant attention and adaptation
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. (p. 188)
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 (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 (regional) manager The business leader of a specific country (or a 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 transnational strategy. (p. 190)
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 from another
knowledge management The structures, processes, and systems that actively develop, leverage, and transfer knowledge.
explicit knowledge Knowledge that is codifiable (that is, can be written down and transferred with little loss of richness
Created by: Alexriopelle
 

 



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