Exam 15: Managing Global Systems

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A(n)________ is formed by consumers around the world who are interested in consuming similar products that are culturally approved.

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The _____________________________ is the most visible in financial services where the homogeneity of the product-money and money instruments-seems to overcome cultural barriers.

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Of the following,which is not one of the three central principles recommended in this chapter for a firm organizing itself for international business?

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Based on your reading of the chapter,why should companies avoid creating an all-encompassing,new global system when moving towards global operations?

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To avoid the cost and uncertainty of moving information across national boundaries,most multinational firms

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The iPhone was designed by Apple engineers in the United States,sourced with more than 100 high-tech components from around the world,and assembled in China.

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Which types of systems are widely used by manufacturing and distribution firms to connect to suppliers on a global basis?

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Global coordination of all of the major business functions permits the location of business activity according to

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In a multinational business strategy,the ________ business function is decentralized,dispersed to foreign units.

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Most companies pursuing a global strategy begin as

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In terms of global business strategy and structure,a franchise company will use a policy of

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In international companies,English has become a kind of standard business language.

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In a transnational business strategy,all of the regional units participate and coordinate over all activities,from production to sales.

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Although changing technology is a key driving factor leading toward global markets,you need to have a ___________________before you can rationally choose the right technology.

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The global ________ created by television,the Internet,and other globally shared media permits different peoples around the world to develop common expectations and values.

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All of the following present challenges to developing a global business except

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Describe the four main global strategies that form the basis for global firms' organizational structure.

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A company that controls finances in the home country and decentralizes production,sales,and marketing operations to other countries is using a ________ strategy.

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Making judgments and taking action on the basis of narrow or personal characteristics is referred to as

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