Exam 11: International Strategy and Organization

Explain participative management and accountability in a decentralized organization,and discuss the probable accountability issues in a global matrix structure.Include a description of the global matrix structure in your answer.

Scenario: Beanstalk International Beanstalk International is a rapidly growing company with well-established subsidiaries in several nations.The company wants to follow a strategy of adapting its products and marketing activities in each national market to suit local preferences.This strategy aims at creating value for its customers. -Beanstalk managers know that the drawback of such an adaptive strategy is that it ________.

A focus strategy works best with mass-marketed products aimed at price-sensitive buyers.

According to value-chain analysis,inbound and outbound logistics are considered as ________.

How do national and international business environments influence multinational strategy formulation?

The way in which a company divides its activities among separate units and coordinates activities among those units is referred to as ________.

Objectives at the highest level in a company are always stated in the most specific terms.

Customer service is an example of a support activity in the value chain of an organization.

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

A multinational strategy is most appropriate for companies that do not have foreign direct investments but rather export their products to foreign markets.

Decentralized decision making is beneficial when ________.

Support activities assist companies in performing their primary activities.

Which of the following business-level strategies should a company follow in order to charge a higher price for its products and enjoy greater customer loyalty?

________ is the process of identifying and selecting an organization's objectives and deciding how the organization will achieve those objectives.

Scenario: Beanstalk International Beanstalk International is a rapidly growing company with well-established subsidiaries in several nations.The company wants to follow a strategy of adapting its products and marketing activities in each national market to suit local preferences.This strategy aims at creating value for its customers. -Which of the following is a support activity that creates value for Beanstalk's customers?

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

A(n)________ structure is best suited to companies that treat each national market as unique due to the vast cultural,political,or economic differences between nations.

Scenario: Beanstalk International Beanstalk International is a rapidly growing company with well-established subsidiaries in several nations.The company wants to follow a strategy of adapting its products and marketing activities in each national market to suit local preferences.This strategy aims at creating value for its customers. -The strategy that Beanstalk would most likely want to follow is called a ________ strategy.

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

________ is the process of dividing a company's activities into primary and support activities and identifying those that create value for customers.