Exam 15: Managing Global Systems

Global systems allow fixed costs to be amortized over a much smaller customer base.

________ units should handle telecommunications and systems development across national boundaries that take place within major geographic regions.

A global firm can develop transnational centres of excellence as an effective technique to

A company that controls finances in the home country and decentralizes production,sales,and marketing operations to other countries is using a ________ strategy.

In terms of global business strategy and structure,a franchise company will use a policy of

In terms of global business strategy,Chrysler and Intel fall into which category of firm?

Protectionism and a need to serve local markets better encourage companies to disperse production facilities and at least become multinational.

The way to identify core business processes is to conduct a

Language remains a significant barrier.Although ________ has become a kind of standard business language,this is truer at higher levels of companies and not throughout the middle and lower ranks.

Describe the four main global strategies that form the basis for global firms' organizational structure.

With the growth of the Internet and reliable phone networks,skilled consultants are readily available to companies operating in global markets.

The networked systems structure is the most visible in financial services where the homogeneity of the product-money and money instruments-seems to overcome cultural barriers.

The growth of powerful communications technologies and the emergence of world cultures create the condition for ________-global consumers interested in consuming similar products that are culturally approved.

Multinational companies tend to have ________ systems.

Franchisers are a mix,the product is created,designed,financed,and initially produced in the home country,but for product-specific reasons,must rely heavily on foreign personnel for further production,marketing,and human resources.

The ability of global systems to optimize the use of corporate funds over a much larger capital base means that

An ________ architecture consists of the basic information systems required by organizations to coordinate worldwide trade and other activities.

Production and finance are coordinated,best describes the global business strategy and structure of a ________.

Lower cost factors of ________ can be exploited wherever they emerge.

A powerful strategic advantage for a globalized firm is lowered cost factors in production.