Exam 8: Developing a Global Management Cadre

Historically, the geographic division structure is associated with companies pursuing ________ strategies.

________ is the process by which a firm gradually changes in response to global competition; domestic market saturation; and the desire for expansion, new markets, and diversification.

In general, centralized decision making is common for some functions such as ________.

To be effective, an organizational structure should ________.

Which of the following is true with regard to a global product structure?

With the geographic structure, the focus is on ________, since products can be adapted to local requirements.

To be effective, firms reorganizing into a domestic structure plus foreign subsidiary in one or more countries should ________.

Centralized global product responsibility implies that ________.

Small firms typically start their international involvement by getting involved in exporting.

The fundamental limitation of a matrix structure is that it ________.

Sigma Inc.is designed on the basis of the company's business activities such as production, finance, and marketing.Foreign operations at Sigma are integrated into the activities and responsibilities of each division to achieve economies of scale and operative specialization.In other words, Sigma has a(n)________.

Variables such as transfer pricing and exchange-rate fluctuations do not influence profitability patterns.

Organizing to facilitate a globalization strategy involves rationalization.

The focus of Selina Inc., an MNC producing a range of products that can be marketed through common channels to similar customers worldwide, is marketing.Its aim is to become an insider in every country it operates.Which of the following organizational forms is most likely to be favored by Selina's management?

________ refers to the ability to manage across national boundaries, retaining local flexibility while achieving global integration.

At persistent signs of ineffective work, a company should ________.

The noncomparability of performance data across countries ________.

Globalization is a specific strategy that treats the world as one market by using a standardized approach to products and markets.

Organization ________ refers to the formal arrangement of roles, responsibilities, and relationships within an organization.

Which of the following is true with regard to indirect coordinating mechanisms?