Exam 11: International Strategy and Organization

Briefly describe the strategy formulation process of international organizations.

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.

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

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.

Which of the following is considered as a support activity in an organization?

A business-level strategy in which a company exploits economies of scale is called a ________.

A ________ is a set of planned actions taken by managers to help a company meet its objectives.

An international division structure reduces the authority of country managers in an organization's subsidiaries.

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

A joint venture is an example of a retrenchment strategy of an organization.

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

A team in which employees from a single department take on responsibilities of their former supervisors is called a ________ team.