Exam 12: Corporate Governance and Control of Global Operations

A transnational strategy is not as likely to be as effective as multi-domestic strategy.

A decentralized, independent strategy is symbolic of a

As firms become more global, they tend to rely more on

The need to achieve economies of scale is an example of the forces for

Outside the United States, concentrated ownership

Responsiveness to local conditions results in

The process of socialization that crosses national lines is an example of

The legal system is one of the internal governance mechanisms.

A geographic organizational structure works best when

The movement of business data electronically between or within firms in a structured, computer-processable data format is known as

An advantage of an international division structure over a domestic structure is the minimization of the transfer pricing problem.

A global strategy

For global innovators,

Most board of directors have

A strategy where corporate assets are dispersed, interdependent and specialized is symbolic of a

The use of external experts is common in the international division structure.

The knowledge-flows framework for an integrated player results in

As a domestic firm evolves into an MNE,

Organizational structure is part of

Structural and formal mechanisms include