19) Strategic complementarity in a strategic alliance means that
a. Both sides must have similar strategic objectives for the strategic alliance to succeed
b. Objectives can be different if they are not in conflict
c. Cultural differences must be dealt with first
d. Parent companies must leave the strategic alliance management to develop their own
strategic goals
20) Which of the following is NOT one of the factors determining the resource pool of
a country as discussed in the text?
a. The quantity, quality, and accessibility of raw material
b. The quantity, quality and cost of personnel available
c. The training and development system available
d. The cost and amount of capital available to firms
21) Which of the following statements about flexpatriates is FALSE?
a. Flexpatriates are those workers who travel on short notice for shorter duration
b. Flexpatriate assignments usually last longer than expatriate assignments
c. Flexpatriates provide flexibility as the company can send someone on numerous and
much shorter duration assignments
d. All of the above are true
22) In strategic alliance relationships, high levels of trust often
a. Retard organizational functioning due to excessive emotional reactions
b. Cause excessive loyalty to the strategic alliance
c. Are irrelevant if the strategic alliance is projected to have a high financial return
d. Facilitate the exchange of tacit knowledge
23) Which of the following statements regarding international joint ventures is FALSE?
a. International joint ventures usually have two or more partners
b. International joint ventures are usually not legally binding