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. -TeleToys' organizational structure can best be referred to as a(n)________ structure.

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

Companies that produce entire inventories of products or components in one or very few optimal locations are most likely to follow a ________ strategy.

A negative aspect of a low-cost leadership strategy is low customer loyalty.

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

Global products are most commonly seen in industries where there is ________.

Explain how a global strategy complements a corporate growth strategy.

A main goal of the global product structure is to bring together geographic and product area managers in joint decision making.

The main benefit of a multidomestic strategy is that it ________.

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

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

When should managers consider decentralized decision making? What type of work teams might emerge in organizations that practice decentralized decision making?

Decreasing levels of customer loyalty to an organization's products is a major disadvantage of the ________ strategy.

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

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. -Which of the following strategies should TeleToys follow if it wants buyers to perceive its products as unique?

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

Describe any three organizational structures that are common for a vast majority of international companies.

Organic growth refers to an organization's corporate strategy that relies on growth ________.

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 should managers at Beanstalk conduct to identify and distinguish between the primary and support activities in the organization?

Which of the following is a disadvantage of a company with an international area structure?