1 Many analysts argue that research and development should be globalised.

Which of the following isnotone of the main factors influencing the decision where to locate R&D globally?

Select one:

a.The importance and costs of internal transactions, e.g. between engineering and production.

b.The importance of external sources of technical and market knowledge, e.g. sources of technology, suppliers, and customers.

c.The quality of the science and technology base.

d.The cost and disruption of relocating key personnel to the chosen site.

2 Firms have many reasons for monitoring and learning from the development of technological, production and organizational competencies of systems of innovation in other countries.

Which of the following isnota significant reason?

Select one:

a.Firms can benefit more specifically from the technology generated in foreign systems of innovation.

b.Understanding and imitating foreign systems of innovation.

c.Potential sources of improvement in the corporate management of innovation.

d.Identify and plan for firms with a potential capacity to compete through innovation.

3 Prahalad and Hamel argue that the capacity to open up new product markets requires distinctive core competencies.

Which of the following isnottrue of core competencies?

Select one:

a.They contribute to more than one than one business unit.

b.They require focus: companies are likely to lead in more than five or six core competencies.

c.They suggest that large and multidivisional firms should only be viewed as a collection of strategic business units.

d.They are supported by organisational competencies such communication, and a commitment to working across organisational boundaries.