51) The need for knowledge management in IJVs primarily stems from ________. A) employee concerns regarding job security and benefits B) cultural and system differences between partners C) local government regulations and restrictions D) proprietary information legalities 52) Which of the following terms refers to the process by which the firm integrates and benefits from the experiences and skills learned by its employees? A) knowledge management B) employee value proposition C) employee retention D) business process outsourcing 53) ________ is the conscious and active management of creating, disseminating, evolving, and applying facts, information, or skills acquired through experience or education, to strategic ends. A) Business continuity management B) Employee value proposition C) Knowledge management D) Employee retention 54) According to Berdrow and Lane, the process of transfer can be defined as ________. A) managing the flow of existing knowledge between parents and from the parents to the IJV B) managing the transformation and creation of knowledge within the IJV through its independent activities C) managing the flow of transformed and newly created knowledge from the IJV back to the parents D) capturing and keeping knowledge confidential that exists among the local partners 55) According to Berdrow and Lane, the process of harvest can be defined as ________. A) managing the flow of existing knowledge between parents and from the parents to the IJV B) managing the flow of transformed and newly created knowledge from the IJV back to the parents C) capturing knowledge of local partners and keeping it confidential D) managing the transformation and creation of knowledge within the IJV through its independent activities 56) According to Berdrow and Lane, the process of transformation can be defined as ________. A) transforming the existing knowledge of parents and managing the flow of this transformed knowledge between parents B) managing the transformation and creation of knowledge within the IJV through its independent activities C) capturing and keeping knowledge that exists within the local partners confidential D) managing the flow of transformed and newly created knowledge from the IJV back to the parents 57) Which of the following is NOT a knowledge management process? A) transferring existing knowledge B) transforming and creating of knowledge C) harvesting knowledge from the IJV to the parents D) distributing knowledge to clients and media outlets 58) Which of the following represents government influence on IJVs? A) copyright protection B) partnership of firm C) organization structure D) negotiation practice 59) Which of the following is an area where the host government influences the strategic choices and implementations of foreign firms? A) level of taxation B) equity share in joint venture C) knowledge management D) partnership of target firms 60) Which of the following variables is frequently overlooked when deciding on entry strategies and alliances, particularly when the target country is perceived to be similar to the home country? A) political stability B) culture C) currency stability D) competition
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