Question 1

While many major corporations have a global presence, stateless corporations are different because they _____.

Accepted Answer

A) have no board of directors 
B) are socially responsible 
C) are more concerned with human rights 
D) are usually more profitable 
E) attempt to transcend nationality altogether 
A) have no board of directors 
B) are socially responsible 
C) are more concerned with human rights 
D) are usually more profitable 
E) attempt to transcend nationality altogether

Question 2

Limited Clothing Inc. has a corporate headquarters with three divisions: North American Division, European Division, and Asia Division. Limited Clothing Inc. has a _____ structure.

Accepted Answer

A) global 
B) multinational 
C) geographical region 
D) continental 
E) hybrid 
A) global 
B) multinational 
C) geographical region 
D) continental 
E) hybrid

Question 3

At IBM, there are five divisions: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. IBM utilizes a _____ structure.

Accepted Answer

A) matrix 
B) product 
C) geographical region 
D) market 
E) hybrid 
A) matrix 
B) product 
C) geographical region 
D) market 
E) hybrid

Question 4

Of the following, which is NOT an advantage of an international division?

Accepted Answer

A) It permits global businesses to concentrate all international efforts in one location. 
B) If the international division is at the same organizational level as domestic operations, it signals to international customers their importance to the company. 
C) It ensures that the company will be more profitable. 
D) It fosters a global mindset in the people working within the division. 
E) It facilitates the key process of designing products that cater to local tastes. 
A) It permits global businesses to concentrate all international efforts in one location. 
B) If the international division is at the same organizational level as domestic operations, it signals to international customers their importance to the company. 
C) It ensures that the company will be more profitable. 
D) It fosters a global mindset in the people working within the division. 
E) It facilitates the key process of designing products that cater to local tastes.

Question 5

According to C.K. Prahalad, the first stage of globalization is _____.

Accepted Answer

A) when global firms set up operations in other countries 
B) when companies produce goods in one country and export them to other countries 
C) when global businesses establish foreign subsidiaries to handle the exports from their home countries 
D) when stateless corporations locate their core corporate functions and top executives in different countries 
E) when multinational companies headquarter in their home country 
A) when global firms set up operations in other countries 
B) when companies produce goods in one country and export them to other countries 
C) when global businesses establish foreign subsidiaries to handle the exports from their home countries 
D) when stateless corporations locate their core corporate functions and top executives in different countries 
E) when multinational companies headquarter in their home country

Question 6

Also called customer structure or customer class structure , a ______ is a particular kind of divisional structure that groups products into separate divisions according to the needs of different customers.

Accepted Answer

The answer of Also called customer structure or customer class...

Question 7

According to C.K. Prahalad, stateless corporations represent the third stage of globalization.

Accepted Answer

A) True 
 B)False

Question 8

Scenario - Windmere Technologies Windmere Technologies has been in operation since 1984.  Today, Windmere is actually considered to be a globally-based firm with corporate offices in thirteen foreign nations. There is not one office of this company with higher authority or more decision making power than any other of the thirteen in operation.  Windmere Technologies is recognized as a business leader in all thirteen nations in which it has corporate offices.  According to the CEO of the company, "Windmere considers the world to be its home base."   The management has done a good job of creating its organizational structure where people are grouped simultaneously by function and by division. Windmere is best known for its work in creating alternative energy sources.  As this is of vital concern to all nations of the world today, Windmere's ideas and products are welcomed by all nations. This business takes in revenues in excess of $8 billion per year and expects it to substantially increase in the future.Which one of the following best describes Windmere Technologies claim that the world is its home base?

Accepted Answer

A) A hybrid structure 
B) A functional structure 
C) A divisional structure 
D) A stateless corporation 
E) A geographical regional structure 
A) A hybrid structure 
B) A functional structure 
C) A divisional structure 
D) A stateless corporation 
E) A geographical regional structure

Question 9

Of the following, which is NOT listed in the text as a purpose of organizational structure?

Accepted Answer

A) It allows the members of the organization to perform a wide variety of activities based upon a division of labor that leads to specialization of functions. 
B) It permits the organization members the coordination of their activities. 
C) It permits the organization members to create hierarchical supervision. 
D) It determines the boundaries of the organization and regulates its interfaces with the environment and its interactions with other organizations. 
E) It allows the members of an organization to develop a cohesive company culture. 
A) It allows the members of the organization to perform a wide variety of activities based upon a division of labor that leads to specialization of functions. 
B) It permits the organization members the coordination of their activities. 
C) It permits the organization members to create hierarchical supervision. 
D) It determines the boundaries of the organization and regulates its interfaces with the environment and its interactions with other organizations. 
E) It allows the members of an organization to develop a cohesive company culture.

Question 10

North American Operations, GM Acceptance Corporation, International Operations, and Hughes Electronics are some of the subsidiaries of General Motors.

Accepted Answer

A) True 
 B)False

Question 11

Which one of the following organizational structures best identifies the one currently used by Windmere Technologies?

Accepted Answer

A)  Functional structure 
B) Matrix structure 
C) Divisional structure 
D) Market structure 
E) Geographical region structure 
A)  Functional structure 
B) Matrix structure 
C) Divisional structure 
D) Market structure 
E) Geographical region structure

Question 12

A defense contractor may need deep functional skills as well as the ability to coordinate across the functions for each contract or project. This contractor ought to use a _____ structure.

Accepted Answer

A) functional 
B) product 
C) geographical region 
D) market 
E) matrix 
A) functional 
B) product 
C) geographical region 
D) market 
E) matrix

Question 13

C.K. Prahalad would say that Chinese computer manufacturer Lenovo is in which stage of globalization?

Accepted Answer

A) First 
B) Second 
C) Third 
D) Fourth 
E) Fifth 
A) First 
B) Second 
C) Third 
D) Fourth 
E) Fifth

Question 14

Global businesses with a narrow product line or a highly integrated product mix, such as aircraft manufacturers or oil and gas firms typically use a(n)_____ organizational structure.

Accepted Answer

A) functional 
B) product 
C) geographical region 
D) matrix 
E) hybrid 
A) functional 
B) product 
C) geographical region 
D) matrix 
E) hybrid

Question 15

At ExxonMobil, divisions include Upstream, Downstream, and Chemical. The Upstream division includes exploration, development, production, and gas and power marketing. The Downstream division includes refining and supply, fuels and marketing, and lubricants. ExxonMobil utilizes a _____ structure.

Accepted Answer

A) matrix 
B) product 
C) geographical region 
D) market 
E) hybrid 
A) matrix 
B) product 
C) geographical region 
D) market 
E) hybrid

Question 16

All of the following are advantages of the matrix structure EXCEPT that it _____.

Accepted Answer

A) ​allows the company to meet multiple demands from the environment 
B) facilitates innovation and creativity 
C) ​permits the company to allocate resources flexibly 
D) ​rarely allows employees the chance to acquire functional skills 
E) ​fosters cooperation among employees with different functional expertise 
A) ​allows the company to meet multiple demands from the environment 
B) facilitates innovation and creativity 
C) ​permits the company to allocate resources flexibly 
D) ​rarely allows employees the chance to acquire functional skills 
E) ​fosters cooperation among employees with different functional expertise

Question 17

"For a global business, organizational structure is not important." Do you agree with this statement? Defend your position.

Accepted Answer

I disagree with the statement that organ

Question 18

Lenovo, the Chinese computer manufacturer, is a corporation where it is difficult to identify one country as the home country. Lenovo can be described as a _____ corporation.

Accepted Answer

A) domesticated 
B) stateless 
C) divided 
D) hybrid 
E) matrix 
A) domesticated 
B) stateless 
C) divided 
D) hybrid 
E) matrix

Question 19

A market structure is also sometimes called ______ structure.

Accepted Answer

A) functional 
B) product 
C) geographical region 
D) customer 
E) hybrid 
A) functional 
B) product 
C) geographical region 
D) customer 
E) hybrid

Question 20

A special case of the divisional structure where products are grouped into separate divisions according to their similarities or differences is called a _____ structure.

Accepted Answer

A) matrix 
B) product 
C) geographical region 
D) divisional 
E) hybrid 
A) matrix 
B) product 
C) geographical region 
D) divisional 
E) hybrid

While many major corporations have a global presence, stateless corporations are different because they _____.

Limited Clothing Inc. has a corporate headquarters with three divisions: North American Division, European Division, and Asia Division. Limited Clothing Inc. has a _____ structure.

At IBM, there are five divisions: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. IBM utilizes a _____ structure.

Of the following, which is NOT an advantage of an international division?

According to C.K. Prahalad, the first stage of globalization is _____.

Also called customer structure or customer class structure , a ______ is a particular kind of divisional structure that groups products into separate divisions according to the needs of different customers.

According to C.K. Prahalad, stateless corporations represent the third stage of globalization.

Of the following, which is NOT listed in the text as a purpose of organizational structure?

North American Operations, GM Acceptance Corporation, International Operations, and Hughes Electronics are some of the subsidiaries of General Motors.

Which one of the following organizational structures best identifies the one currently used by Windmere Technologies?

A defense contractor may need deep functional skills as well as the ability to coordinate across the functions for each contract or project. This contractor ought to use a _____ structure.

C.K. Prahalad would say that Chinese computer manufacturer Lenovo is in which stage of globalization?

Global businesses with a narrow product line or a highly integrated product mix, such as aircraft manufacturers or oil and gas firms typically use a(n)_____ organizational structure.

At ExxonMobil, divisions include Upstream, Downstream, and Chemical. The Upstream division includes exploration, development, production, and gas and power marketing. The Downstream division includes refining and supply, fuels and marketing, and lubricants. ExxonMobil utilizes a _____ structure.

All of the following are advantages of the matrix structure EXCEPT that it _____.

"For a global business, organizational structure is not important." Do you agree with this statement? Defend your position.

Lenovo, the Chinese computer manufacturer, is a corporation where it is difficult to identify one country as the home country. Lenovo can be described as a _____ corporation.

A market structure is also sometimes called ______ structure.

A special case of the divisional structure where products are grouped into separate divisions according to their similarities or differences is called a _____ structure.

The Rise of Globalization

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment of Global Business

The Legal, Economic and Political Environment of Global Business

Corruption and Ethics in Global Business

Entry Strategies in Global Business

Control of Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Global Accounting and Taxation

Filters

Exam 10: The Organization of Global Business

While many major corporations have a global presence, stateless corporations are different because they _____.

Limited Clothing Inc. has a corporate headquarters with three divisions: North American Division, European Division, and Asia Division. Limited Clothing Inc. has a _____ structure.

At IBM, there are five divisions: Global Technology Services, Global Business Services, Software, Systems and Technology, and Global Financing. IBM utilizes a _____ structure.

Of the following, which is NOT an advantage of an international division?

According to C.K. Prahalad, the first stage of globalization is _____.

Also called customer structure or customer class structure , a ______ is a particular kind of divisional structure that groups products into separate divisions according to the needs of different customers.

According to C.K. Prahalad, stateless corporations represent the third stage of globalization.

Of the following, which is NOT listed in the text as a purpose of organizational structure?

North American Operations, GM Acceptance Corporation, International Operations, and Hughes Electronics are some of the subsidiaries of General Motors.

Which one of the following organizational structures best identifies the one currently used by Windmere Technologies?

A defense contractor may need deep functional skills as well as the ability to coordinate across the functions for each contract or project. This contractor ought to use a _____ structure.

C.K. Prahalad would say that Chinese computer manufacturer Lenovo is in which stage of globalization?

Global businesses with a narrow product line or a highly integrated product mix, such as aircraft manufacturers or oil and gas firms typically use a(n)_____ organizational structure.

At ExxonMobil, divisions include Upstream, Downstream, and Chemical. The Upstream division includes exploration, development, production, and gas and power marketing. The Downstream division includes refining and supply, fuels and marketing, and lubricants. ExxonMobil utilizes a _____ structure.

All of the following are advantages of the matrix structure EXCEPT that it _____.

"For a global business, organizational structure is not important." Do you agree with this statement? Defend your position.

Lenovo, the Chinese computer manufacturer, is a corporation where it is difficult to identify one country as the home country. Lenovo can be described as a _____ corporation.

A market structure is also sometimes called ______ structure.

A special case of the divisional structure where products are grouped into separate divisions according to their similarities or differences is called a _____ structure.

The Rise of Globalization

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment of Global Business

The Legal, Economic and Political Environment of Global Business

Corruption and Ethics in Global Business

Entry Strategies in Global Business

Control of Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Global Accounting and Taxation

Filters