Exam 11: International Strategy and Organization

Scenario: TeleToys Inc. TeleToys Inc., a U.S.-based company, recently opened eighteen new toy stores in Brazil, acquired a women's clothing company in Canada, and closed its men's clothing line in Australia. The company has a structure that organizes its global operations into geographic regions. -The closing of TeleToys' Australian men's clothing line can best be described as a(n)________ strategy.

Briefly describe the strategy formulation process of international organizations.

The main benefit of a multinational strategy is that it allows companies to ________.

Companies often establish largely independent,self-contained units in each of its national markets to implement a ________ strategy.

A team of top managers from both headquarters and international subsidiaries who meet to develop solutions to company-wide problems is referred to as a ________ team.

Core competencies are the special ability of a company that competitors find extremely difficult or impossible to equal.

Discuss the major points of differences between centralization and decentralization,and explain the differences between an international area structure and a global product structure.

Differentiate between primary and support activities that create value for a company's customers.How can managers determine whether an activity enhances customer value?

Scenario: TeleToys Inc. TeleToys Inc., a U.S.-based company, recently opened eighteen new toy stores in Brazil, acquired a women's clothing company in Canada, and closed its men's clothing line in Australia. The company has a structure that organizes its global operations into geographic regions. -TeleToys recently opened eighteen new toy stores in Brazil.This move can best be described as a ________ strategy.

A strategy of adapting products and their marketing strategies in each national market to suit local preferences is referred to as a ________ strategy.

Companies involved in more than one line of business must first formulate a ________ strategy.

Differentiate between a multinational and a global strategy.Identify the main benefits and the main drawbacks of each.