What kind of knowledge is noncodifiable, and its acquisition and transfer require hands-on practice?

26.Knowledge that is noncodifiable and its acquisition and transfer requires hands-on practice is known

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Which of the following types of knowledge is non modifiable and its acquisition and transfer requires hands
Where is the knowledge developed and is the knowledge transferred or retained in the subsidiary?
Which type of organizational structure is often associated with a transnational strategy?
What international strategy usually is practiced with global geographic structure?

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Microeconomics: A Contemporary Introduction

McEachern

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as:a.Explicitb.Implicitc.Validd.LegibleANS:BPTS:1DIF:DifficultREF:p. 167OBJ:6.5NAT:AACSB: Tier 1 Reflective Thinking; Tier 2 Strategy27.____ treats FDI as an instrument of imperialism and a vehicle for exploiting domestic resources andpeople by foreign capitalists and firms.a.Economic patriotismb.FDI-friendly policiesc.A radical viewd.A free-market viewANS:CPTS:1DIF:ModerateREF:p. 173OBJ:6.4NAT:AACSB: Tier 1 Diversity; Tier 2 Environmental Influence28.____ is the amount of FDI moving in a given period in a certain direction.a.horizontal FDIb.radical FDIc.vertical FDId.FDI flowANS:DPTS:1DIF:ModerateREF:p. 162OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy29.____ is the total accumulation of inbound FDI in a country and outbound FDI from a country.a.FDI stockb.FDI flowc.vertical FDId.horizontal FDIANS:APTS:1DIF:ModerateREF:p. 162OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy30.Using FDI in an earlier activity in the value chain is:a.Downstream vertical FDIb.Upstream vertical FDIc.FDI flowd.horizontal FDIANS:BPTS:1DIF:ModerateREF:p. 162OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy31.Downstream vertical FDI means using FDI in a(an) ____ in the value chaina.Earlier activityb.Later activityc.Horizontal activityd.Assembly activityANS:APTS:1DIF:ModerateREF:p. 162

OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy32.____ refers to the replacement of cross-border markets (such as exporting and importing) with onefirm (the MNE) locating and operating in two ore more countries.a.Internationalizationb.Internalizationc.Licensingd.DisseminationANS:BPTS:1DIF:ModerateREF:p. 166OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy33.FDI essentially transforms the international trade between two independent firms in two countries to____ between two subsidiaries in two countries controlled by the same MNE.a.Intrafirm tradeb.Licensing tradec.Direct traded.Informal tradeANS:APTS:1DIF:ModerateREF:p. 172OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy34.Which of the following underscores the important role MNEs play in stimulating competition in hostcountries.a.Demonstration effectb.Contagion effectc.Imitation effectd.All of these answersANS:DPTS:1DIF:ModerateREF:p. 175OBJ:6.1NAT:AACSB: Tier 1 Analytic; Tier 2 Strategy

Which of the following types of knowledge is non modifiable and its acquisition and transfer requires hands

Tacit knowledge is non-codifiable, and its acquisition and transfer require hands-on practice. A manager whose approach to knowledge management is to install a sophisticated information technology (IT) infrastructure is one of the most valuable assets to knowledge management.

Where is the knowledge developed and is the knowledge transferred or retained in the subsidiary?

Knowledge is developed and retained within each subsidiary. Unlike a transnational strategy, a global standardization strategy involves: the development and retention of knowledge at the center and key locations.

Which type of organizational structure is often associated with a transnational strategy?

Global product division structure, which is the opposite of the geographic area structure, supports the transnational strategy.

What international strategy usually is practiced with global geographic structure?

A transnational strategy is an international strategy that attempts to combine global scale efficiencies with local responsiveness in a geographical location.