Cluster Effect Right Ans - Certain industries tend to cluster together in the
same place e.g. tech in silicon valley, finance in NYC
Concentrated Configuration Right Ans - Performing all value chain
activities in one location
Coordination Right Ans - Specifies how value activities interact with each
other
Digitization Right Ans - The process that changes an analog product into a
string of zeroes and ones
Dispersed Configuration Right Ans - Performing all value chain activities in
different locations
Global Integration Right Ans - Process of combining differentiated into a
standardized whole
Global Strategy Right Ans - Strategy that champions worldwide
standardization of value activities
Integration-Responsiveness Grid Right Ans - Outlines the global and local
pressures that govern a MNE's strategy
Local Responsiveness Right Ans - The process of disaggregating a
standardized whole into differentiated parts
Location Economies Right Ans - The efficiencies one captures by
performing an activity of the value chain in the most productive location
Multi-domestic Strategy Right Ans - International strategy that adjusts
value activities to local circumstances
Trans-national Strategy Right Ans - International strategy that reconciles
global integration and local responsiveness in ways that leverage the core
competencies of the MNE throughout worldwide operations
, Appropriability Theory Right Ans - The idea of denying rivals access to
resources
Bargaining School Theory Right Ans - Theory that the terms of a foreign
investor's operations depend on how much the investor and the host country
need each other
Consortium Right Ans - Also known as a joint venture
Cross-licensing Right Ans - Granting access to companies in other countries
access to each other's patent portfolios
Dependencia Theory Right Ans - Theory that emerging powers have no
power in dealing with MNEs
Equity Alliance Right Ans - Collaborative agreement in which one
companies takes an ownership stake in another company
Internalization Right Ans - Control through self-handling of processes
Resource-based View of the Firm Right Ans - VRIO, core competency
theory
Boundaries Right Ans - Vertical divisions that separate employees into
separate heirarchial spots, or horizontal divisions that separate employees
into specific jobs in specific functions
Boundaryless Right Ans - Eliminating vertical, horizontal and external
boundaries that hinder the flow of information and formation of relationships
Bureaucratic Control Right Ans - Control system that emphasizes
organizational control and relies on rules and regulations
Centralization Right Ans - Decision making function at higher levels
Clan Control Right Ans - Company that uses shared values and ideals to
moderate company behavior