Exam 11: International Strategy and Organization

A(n)________ strategy deals with the primary and supports activities in an organization that create value for customers.

________ decision making occurs at a high organizational level in one location,such as an organization's headquarters.

A multinational strategy is best suited to industries in which price competitiveness is a key success factor.

An organizational structure that organizes a company's entire global operations into countries or geographic regions is referred to as a(n)________ structure.

Which of the following statements is true of objectives?

What type of work teams might emerge in organizations that practice decentralized decision making?

A ________ strategy often means designing products and promotions aimed at consumers who are either dissatisfied with existing choices or who want something distinctive.

A ________ strategy can create cost savings due to product and marketing standardization.

The lines of authority in an organization that run from top management to individual employees and specify internal reporting relationships is called ________.

The main purpose of self-managed teams is to help break down barriers between departments.

The scope of a corporation's operations refers to the size of its operations.

Explain the differences between a mission statement and a business-level strategy.

Technology development along with business infrastructure,human resource management and procurement are examples of a support activities in the value chain of an organization.

A global strategy does not allow a company to modify its products except for the most superficial features.

An organizational structure that splits the chain of command between product and area divisions is referred to as a(n)________ structure.

According to value-chain analysis,marketing and sales are considered as ________.

A ________ team is one composed of employees who work at similar levels in different operative departments in an organization.

Explain how a global strategy complements a corporate growth strategy.

Explain the different ways in which products can be differentiated,providing an example of each.

________ teams are self-managed teams that help reduce waste in the production processes of many manufacturing companies.