Exam 16: The Organization of International Business

Coordination refers to ________.

Which tool is used by most firms to monitor the data linkages among product planning, parts purchasing, and inventory maintenance activities?

Coordination methods include mutual adjustment, planning, and standardization.

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

In reality, the organizational charts of ________ MNEs neatly depict a functional, divisional, or matrix structure.

A firm's vertical differentiation determines where in its organization structure managers have decided to concentrate decision-making authority.

The common values shared by a company's employees are known as its organization culture.

Technology such as e-mail, VoIP, teleconferencing, and social networks helps MNEs respond to increasing globality.

Formal reports, management performance evaluations, and financial metrics are three examples of ________.

Why do you think corporate universities are becoming more popular among MNEs? How do both MNEs and employees benefit from corporate universities?

Avery Designs is an MNE with a diverse portfolio of products including cookware and clothing.Both the foreign and domestic operations for the firm's cookware products report to the same manager.Which structure is most likely used by Avery?

________ is the matter of how the company balances centralization versus decentralization of decision making, whereas ________ is the matter of how the company opts to divide itself into specific units to do specific jobs.

Neoclassical structures attempt to minimize boundaries between all of the following EXCEPT ________.

Horizontal differentiation is concerned with how the managers of a firm decide to divide the company into discrete subunits.

A divisional structure tends to be adopted by firms that are diversified by products or markets.

Gary is a manufacturing manager at Forman Enterprises.Gary works at the MNE's headquarters in the United States.Before Gary can implement any major changes or decisions, he must communicate and coordinate his plans with Raj, a sales manager at Forman's facility in India.Which structure is most likely used by Forman Enterprises?

Johnson & Johnson distributes decision-making power among departments and divisions.This policy provides managers with a sense of ownership and control at the company.Johnson & Johnson is best described as a ________ organization.

Explain the major types of classical organization structures and the advantages and disadvantages of each for international operations.

The temporary arrangement of independent companies, suppliers, and free agents for the purpose of completing a task or project is best known as a(n)________ organization.

Martin Manufacturing is an MNE that centralizes authority to implement an extensive set of rules and procedures to govern a broad range of activities.Martin Manufacturing is most likely applying a system of ________.