To Overcome the Not-Invented-Here (NIH)syndrome That Often Prevails in International

question 23

Multiple Choice

To overcome the not-invented-here (NIH) syndrome that often prevails in international firms,which of the following techniques are not employed by the worldwide functional manager when facilitating the transfer of new ideas and innovations throughout the MNE

• A) identifying best practices through informal contacts and formal evaluations.
• B) replacing geographic (country) managers that resist the adoption of best practices.
• C) arranging cross-unit visits and transfers.
• D) hosting conferences and forming task forces.

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Definitions:

Refreshing for the Customers

Strategies or actions taken by businesses to rejuvenate their products or services to maintain or enhance customer satisfaction and engagement.

Open Innovation Platforms

Online or digital environments that facilitate collaboration among individuals and organizations to share ideas, develop new products, or improve services.

Innovation Management Software

Software tools designed to help organizations manage their processes for innovation, from idea generation to product development and market introduction.

Market-Creating Innovation

Innovations that generate new markets, transforming existing markets by fulfilling unmet needs or introducing novel solutions.