Question 1

CEMEX has three divisions: North American, South America and the Caribbean, and Europe, Asia, and the Middle East. CEMEX has 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 2

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 3

Research shows that separating domestic and international operations is a smart strategic decision that has virtually no drawbacks.

Accepted Answer

A) True 
 B)False

Question 4

Global businesses with a hybrid structure are said to be organized by more than one dimension at the top level.

Accepted Answer

A) True 
 B)False

Question 5

There are typically _____ organizational structures for global business.

Accepted Answer

A)  two 
B)  three 
C)  four 
D)  five 
E)  six 
A)  two 
B)  three 
C)  four 
D)  five 
E)  six

Question 6

Describe the different types of divisional structures using visual diagrams.

Accepted Answer

Divisional structures are organizational

Question 7

The initial step toward globalization is ______.

Accepted Answer

A)  domestication 
B)  creating a statelessness 
C)  creating a wholly owned subsidiary 
D)  exporting 
E)  developing foreign manufacturing base through joint venture 
A)  domestication 
B)  creating a statelessness 
C)  creating a wholly owned subsidiary 
D)  exporting 
E)  developing foreign manufacturing base through joint venture

Question 8

A ________ refers to one type of organizational structure in which functions are grouped together to serve the needs of products, markets, or geographical regions.

Accepted Answer

divisional

Question 9

Of the following, which is NOT an advantage of the functional structure?

Accepted Answer

A)  It promotes economies of scale. 
B)  It can help the organization to acquire the latest and most scale-intensive machinery. 
C)  It promotes in-depth skill development of employees. 
D)  It ensures that organizations will engage in socially responsible efforts. 
E)  It encourages collaboration, efficiency, and quality within the function. 
A)  It promotes economies of scale. 
B)  It can help the organization to acquire the latest and most scale-intensive machinery. 
C)  It promotes in-depth skill development of employees. 
D)  It ensures that organizations will engage in socially responsible efforts. 
E)  It encourages collaboration, efficiency, and quality within the function.

Question 10

A global defense contractor needs deep functional skills as well as the ability to coordinate across the functions of each contract or project. For this example, the organizational structure that would best suit their needs would be a matrix structure.

Accepted Answer

A) True 
 B)False

Question 11

A ______ is a business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service.

Accepted Answer

The answer of A ______ is a business subunit that...

Question 12

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 13

A business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service is known as a(n)_____.

Accepted Answer

A)  partition 
B)  division 
C)  structure 
D)  union 
E)  formation 
A)  partition 
B)  division 
C)  structure 
D)  union 
E)  formation

Question 14

Mirkhani Mining Supplies is the industry leader in the production of underground mining equipment. The company has its headquarters in South Africa and has been in operation there since its inception in 1987. Mirkhani is known worldwide for the safety features it incorporates in its equipment. This company conducts its operations with the safety of the underground miner as its guiding objective.
Mirkhani Mining was recently called in to respond to the latest mine accident in China. Mirkhani not only provides safe mining equipment, it also makes superior mine rescue equipment. The company will be receiving a global award for freely rendering the use of its rescue equipment to China during a mine collapse. Mirkhani Mining Supplies will be recognized around the globe as saving the lives of forty underground miners in China. The company states, "Saving those lives is better than receiving a billion dollars for mining machinery."
-Which of the following structure type best identifies the structure Mirkhani Mining Supplies would be using if it grouped its products and services into separate divisions based on the needs of different areas served by the company?

Accepted Answer

A)  Matrix structure 
B)  Hybrid structure 
C)  Globalized structure 
D)  Market structure 
E)  Geographical region structure 
A)  Matrix structure 
B)  Hybrid structure 
C)  Globalized structure 
D)  Market structure 
E)  Geographical region structure

Question 15

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

Accepted Answer

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

Question 16

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 17

A product structure is one where an organization:

Accepted Answer

A)  groups people together because they hold similar positions in a company, perform a similar set of tasks, or use the same kind of skills. 
B)  groups products into separate divisions according to their similarities or differences. 
C)  groups products into separate divisions according to the needs of the different geographical regions the company serves. 
D)  groups products into separate divisions according to the needs of different customers. 
E)  is said to be organized by more than one dimension at the top level. 
A)  groups people together because they hold similar positions in a company, perform a similar set of tasks, or use the same kind of skills. 
B)  groups products into separate divisions according to their similarities or differences. 
C)  groups products into separate divisions according to the needs of the different geographical regions the company serves. 
D)  groups products into separate divisions according to the needs of different customers. 
E)  is said to be organized by more than one dimension at the top level.

Question 18

An organizational structure in which people are grouped simultaneously by function and by division is known as a ________.

Accepted Answer

The answer of An organizational structure in which people are...

Question 19

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 20

_________ is a particular kind of divisional structure that groups products into separate divisions according to the needs of the different geographical regions the company serves.

Accepted Answer

Geographic

CEMEX has three divisions: North American, South America and the Caribbean, and Europe, Asia, and the Middle East. CEMEX 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.

Research shows that separating domestic and international operations is a smart strategic decision that has virtually no drawbacks.

Global businesses with a hybrid structure are said to be organized by more than one dimension at the top level.

There are typically _____ organizational structures for global business.

Describe the different types of divisional structures using visual diagrams.

The initial step toward globalization is ______.

A ________ refers to one type of organizational structure in which functions are grouped together to serve the needs of products, markets, or geographical regions.

Of the following, which is NOT an advantage of the functional structure?

A global defense contractor needs deep functional skills as well as the ability to coordinate across the functions of each contract or project. For this example, the organizational structure that would best suit their needs would be a matrix structure.

A ______ is a business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service.

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.

A business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service is known as a(n)_____.

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

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 product structure is one where an organization:

An organizational structure in which people are grouped simultaneously by function and by division is known as a ________.

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

_________ is a particular kind of divisional structure that groups products into separate divisions according to the needs of the different geographical regions the company serves.

The Rise of Globalization

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment

The Legal 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

Accounting and Taxation in Global Business

Filters

Exam 10: The Organization of Global Business

CEMEX has three divisions: North American, South America and the Caribbean, and Europe, Asia, and the Middle East. CEMEX 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.

Research shows that separating domestic and international operations is a smart strategic decision that has virtually no drawbacks.

Global businesses with a hybrid structure are said to be organized by more than one dimension at the top level.

There are typically _____ organizational structures for global business.

Describe the different types of divisional structures using visual diagrams.

The initial step toward globalization is ______.

A ________ refers to one type of organizational structure in which functions are grouped together to serve the needs of products, markets, or geographical regions.

Of the following, which is NOT an advantage of the functional structure?

A global defense contractor needs deep functional skills as well as the ability to coordinate across the functions of each contract or project. For this example, the organizational structure that would best suit their needs would be a matrix structure.

A ______ is a business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service.

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.

A business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service is known as a(n)_____.

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

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 product structure is one where an organization:

An organizational structure in which people are grouped simultaneously by function and by division is known as a ________.

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

_________ is a particular kind of divisional structure that groups products into separate divisions according to the needs of the different geographical regions the company serves.

The Rise of Globalization

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment

The Legal 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

Accounting and Taxation in Global Business

Filters