Question 1

Which of the following refers to the coordination of specific markets?

Accepted Answer

A) differentiation 
B) globalization 
C) diversification 
D) integration 
A) differentiation 
B) globalization 
C) diversification 
D) integration

Question 2

To reconcile accounting statements, MNCs usually require ________ different sets of financial statements from subsidiaries.

Accepted Answer

A) two 
B) three 
C) five 
D) seven 
A) two 
B) three 
C) five 
D) seven

Question 3

Which of the following refers to a self-contained business within a company with its own functional departments and accounting systems?

Accepted Answer

A) buying center 
B) supply chain 
C) value chain 
D) strategic business unit 
A) buying center 
B) supply chain 
C) value chain 
D) strategic business unit

Question 4

A firm that uses an international division structure sometimes experiences intra-organizational conflict because ________.

Accepted Answer

A) such a structure disallows managers to coordinate resources for foreign activities under one roof 
B) the international division invariably fails to respond to cultural differences 
C) more resources and management attention tend to get channeled toward the international division than toward the domestic divisions 
D) such a structure depresses the firm's ability to respond to market opportunities 
A) such a structure disallows managers to coordinate resources for foreign activities under one roof 
B) the international division invariably fails to respond to cultural differences 
C) more resources and management attention tend to get channeled toward the international division than toward the domestic divisions 
D) such a structure depresses the firm's ability to respond to market opportunities

Question 5

Sedona Inc.is an American firm that manufactures high-quality handbags, duffel bags, and leather belts at its facility in Arizona.Sedona's products have been featured in various fashion magazines and as a result, consumer demand has increased significantly.Currently, Sedona is organized as a domestic structure plus export department.Executives at Sedona believe the firm is ready to internationalize its operations, and they are considering various organizational structures.Which of the following best supports the argument that Sedona should reorganize into a global functional structure?

Accepted Answer

A) Sedona has a highly decentralized system of management. 
B) Sedona uses a variety of technologies for its numerous and varied product lines. 
C) Sedona has only a few domestic competitors. 
D) Sedona serves a narrow spectrum of customers and has a product line that uses similar technology. 
A) Sedona has a highly decentralized system of management. 
B) Sedona uses a variety of technologies for its numerous and varied product lines. 
C) Sedona has only a few domestic competitors. 
D) Sedona serves a narrow spectrum of customers and has a product line that uses similar technology.

Question 6

Internationalization is the process by which a firm gradually changes in response to global competition; domestic market saturation; and the desire for expansion, new markets, and diversification.

Accepted Answer

A) True 
 B)False

Question 7

To address the globalization-localization dilemma, firms that have evolved through the multinational form and the global company seek the advantages of horizontal organization in the pursuit of transnational capability.

Accepted Answer

A) True 
 B)False

Question 8

The feedback from the control process and the information systems should ________.

Accepted Answer

A) point out the most suitable organizational structure for a company at a given point in time 
B) help employees formulate a plan for personal development 
C) signal any necessary change in strategy, structure, or operations in a timely manner 
D) eliminate organizational anarchy 
A) point out the most suitable organizational structure for a company at a given point in time 
B) help employees formulate a plan for personal development 
C) signal any necessary change in strategy, structure, or operations in a timely manner 
D) eliminate organizational anarchy

Question 9

Briefly describe the characteristics of the global geographic structure.

Accepted Answer

In the global geographic (area)structure

Question 10

Customizing a range of products in a combination suitable for a particular target market, as a response for the increasing need for speedy adaptation to the market, is known as ________.

Accepted Answer

A) outsourcing 
B) diversification 
C) platformisation 
D) internationalization 
A) outsourcing 
B) diversification 
C) platformisation 
D) internationalization

Question 11

Why are global companies increasingly abandoning rigid structures? How are they adapting to the changing global environment?

Accepted Answer

Companies are increasingly abandoning ri

Question 12

Which of the following organizational structures is particularly appropriate for product lines using similar technology and for businesses with a narrow spectrum of customers?

Accepted Answer

A) global functional structure 
B) international division 
C) global product structure 
D) matrix structure 
A) global functional structure 
B) international division 
C) global product structure 
D) matrix structure

Question 13

According to the ________ model, as the company becomes larger, more complex, and more sophisticated in its approach to world markets, it may evolve into a transnational corporation.

Accepted Answer

A) four stages of contribution 
B) crowdsourcing 
C) matrix 
D) evolutionary stages 
A) four stages of contribution 
B) crowdsourcing 
C) matrix 
D) evolutionary stages

Question 14

Which of the following is true with regard to the global geographic structure?

Accepted Answer

A) With the geographic structure, the focus is on importing. 
B) Marketing-oriented companies are most likely to opt for this structure. 
C) The geographic structure is not an adequate structure for consolidating regional expertise. 
D) In a geographic structure, problems of coordination across different regions are virtually nonexistent. 
A) With the geographic structure, the focus is on importing. 
B) Marketing-oriented companies are most likely to opt for this structure. 
C) The geographic structure is not an adequate structure for consolidating regional expertise. 
D) In a geographic structure, problems of coordination across different regions are virtually nonexistent.

Question 15

What are the major variables that should be taken into account when designing a firm's organizational structure?

Accepted Answer

The design of an organization, as with a

Question 16

In general, decentralized decision making is common for functions such as finance, and research and development that are organized for the entire corporation, whereas other functions such as production, marketing, and sales are more appropriately centralized.

Accepted Answer

A) True 
 B)False

Question 17

What are the major challenges presented by information systems in less-developed countries?

Accepted Answer

The accuracy and timeliness of informati

Question 18

In their rush to get on the globalization bandwagon, too many firms have ________.

Accepted Answer

A) opted for niche marketing 
B) sacrificed the ability to respond to local market structures and consumer preferences 
C) overly focused on local markets at the cost of losing out on market share abroad 
D) wrongly overestimated the importance of mass customization for the global market 
A) opted for niche marketing 
B) sacrificed the ability to respond to local market structures and consumer preferences 
C) overly focused on local markets at the cost of losing out on market share abroad 
D) wrongly overestimated the importance of mass customization for the global market

Question 19

The downside of rationalization is ________.

Accepted Answer

A) high cost of production 
B) widely varying product design for different markets around the world 
C) different marketing and sales strategies are adopted for each country 
D) a lack of differentiation and specialization for local markets 
A) high cost of production 
B) widely varying product design for different markets around the world 
C) different marketing and sales strategies are adopted for each country 
D) a lack of differentiation and specialization for local markets

Question 20

A strategic business unit (SBU)is a self-contained business with its own functional departments and accounting systems.

Accepted Answer

A) True 
 B)False

Which of the following refers to the coordination of specific markets?

To reconcile accounting statements, MNCs usually require ________ different sets of financial statements from subsidiaries.

Which of the following refers to a self-contained business within a company with its own functional departments and accounting systems?

A firm that uses an international division structure sometimes experiences intra-organizational conflict because ________.

Internationalization is the process by which a firm gradually changes in response to global competition; domestic market saturation; and the desire for expansion, new markets, and diversification.

To address the globalization-localization dilemma, firms that have evolved through the multinational form and the global company seek the advantages of horizontal organization in the pursuit of transnational capability.

The feedback from the control process and the information systems should ________.

Briefly describe the characteristics of the global geographic structure.

Customizing a range of products in a combination suitable for a particular target market, as a response for the increasing need for speedy adaptation to the market, is known as ________.

Why are global companies increasingly abandoning rigid structures? How are they adapting to the changing global environment?

Which of the following organizational structures is particularly appropriate for product lines using similar technology and for businesses with a narrow spectrum of customers?

According to the ________ model, as the company becomes larger, more complex, and more sophisticated in its approach to world markets, it may evolve into a transnational corporation.

Which of the following is true with regard to the global geographic structure?

What are the major variables that should be taken into account when designing a firm's organizational structure?

In general, decentralized decision making is common for functions such as finance, and research and development that are organized for the entire corporation, whereas other functions such as production, marketing, and sales are more appropriately centralized.

What are the major challenges presented by information systems in less-developed countries?

In their rush to get on the globalization bandwagon, too many firms have ________.

The downside of rationalization is ________.

A strategic business unit (SBU)is a self-contained business with its own functional departments and accounting systems.

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Global Alliances and Strategy Implementation

Staffing, Training, and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters

Exam 8: Developing a Global Management Cadre

Which of the following refers to the coordination of specific markets?

To reconcile accounting statements, MNCs usually require ________ different sets of financial statements from subsidiaries.

Which of the following refers to a self-contained business within a company with its own functional departments and accounting systems?

A firm that uses an international division structure sometimes experiences intra-organizational conflict because ________.

Internationalization is the process by which a firm gradually changes in response to global competition; domestic market saturation; and the desire for expansion, new markets, and diversification.

To address the globalization-localization dilemma, firms that have evolved through the multinational form and the global company seek the advantages of horizontal organization in the pursuit of transnational capability.

The feedback from the control process and the information systems should ________.

Briefly describe the characteristics of the global geographic structure.

Customizing a range of products in a combination suitable for a particular target market, as a response for the increasing need for speedy adaptation to the market, is known as ________.

Why are global companies increasingly abandoning rigid structures? How are they adapting to the changing global environment?

Which of the following organizational structures is particularly appropriate for product lines using similar technology and for businesses with a narrow spectrum of customers?

According to the ________ model, as the company becomes larger, more complex, and more sophisticated in its approach to world markets, it may evolve into a transnational corporation.

Which of the following is true with regard to the global geographic structure?

What are the major variables that should be taken into account when designing a firm's organizational structure?

In general, decentralized decision making is common for functions such as finance, and research and development that are organized for the entire corporation, whereas other functions such as production, marketing, and sales are more appropriately centralized.

What are the major challenges presented by information systems in less-developed countries?

In their rush to get on the globalization bandwagon, too many firms have ________.

The downside of rationalization is ________.

A strategic business unit (SBU)is a self-contained business with its own functional departments and accounting systems.

Assessing the Environment: Political, Economic, Legal, Technological

Managing Interdependence, Social Responsibility, and Ethics

Understanding the Role of Culture

Communicating Across Cultures

Cross-Cultural Negotiation and Decision Making

Formulating Strategy

Global Alliances and Strategy Implementation

Staffing, Training, and Compensation for Global Operations

Developing a Global Management Cadre

Motivating and Leading

Filters