Question 1

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

Accepted Answer

A) self-managed 
B) global 
C) virtual 
D) cross-functional 
A) self-managed 
B) global 
C) virtual 
D) cross-functional

Question 2

A growth strategy is designed to ________.

Accepted Answer

A) guard against organizational change 
B) increase the scale or scope of a corporation's operations 
C) support the stability strategies of an organization 
D) support the retrenchment strategies of an organization 
A) guard against organizational change 
B) increase the scale or scope of a corporation's operations 
C) support the stability strategies of an organization 
D) support the retrenchment strategies of an organization

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

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.

Accepted Answer

A) international division 
B) global product 
C) global matrix 
D) international area 
A) international division 
B) global product 
C) global matrix 
D) international area

Question 5

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

Accepted Answer

A) retrenchment 
B) global 
C) multinational 
D) blue ocean 
A) retrenchment 
B) global 
C) multinational 
D) blue ocean

Question 6

A company that is selling unprofitable business units is most likely following a ________ strategy.

Accepted Answer

A) growth 
B) retrenchment 
C) stability 
D) combined 
A) growth 
B) retrenchment 
C) stability 
D) combined

Question 7

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

Accepted Answer

A vital issue for top managers is determ

Question 8

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

Accepted Answer

A) exploits scale economies in product development and marketing 
B) is cost-saving due to product and marketing standardization 
C) takes advantage of location economies 
D) responds quickly and effectively to emerging buyer preferences 
A) exploits scale economies in product development and marketing 
B) is cost-saving due to product and marketing standardization 
C) takes advantage of location economies 
D) responds quickly and effectively to emerging buyer preferences

Question 9

Adapting products and their marketing strategies in each of the national markets of a company to suit local preferences is called a ________ strategy.

Accepted Answer

A) multinational 
B) blue ocean 
C) global 
D) retrenchment 
A) multinational 
B) blue ocean 
C) global 
D) retrenchment

Question 10

Briefly describe the three generic business-level strategies,providing an example of each.

Accepted Answer

In addition to stipulating the overall c

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) Centralized 
B) Facilitative 
C) Participative 
D) Consultative 
A) Centralized 
B) Facilitative 
C) Participative 
D) Consultative

Question 13

Which of the following strategies works best for an organization that practices mass production and mass-marketing?

Accepted Answer

A) differentiation strategy 
B) focus strategy 
C) low-cost leadership strategy 
D) retrenchment strategy 
A) differentiation strategy 
B) focus strategy 
C) low-cost leadership strategy 
D) retrenchment strategy

Question 14

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.

Accepted Answer

A) organic growth 
B) stability 
C) retrenchment 
D) global 
A) organic growth 
B) stability 
C) retrenchment 
D) global

Question 15

Which of the following is the first stage of the strategy-formulation process?

Accepted Answer

A) identification of value-creating activities 
B) formulation of strategies 
C) identification of company mission and goals 
D) identification of core competency 
A) identification of value-creating activities 
B) formulation of strategies 
C) identification of company mission and goals 
D) identification of core competency

Question 16

Which of the following is a special ability of a company that competitors find extremely difficult to equal?

Accepted Answer

A) comparative advantage 
B) absolute advantage 
C) core competency 
D) economy of scale 
A) comparative advantage 
B) absolute advantage 
C) core competency 
D) economy of scale

Question 17

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

Some international companies choose to f

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

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 features is TeleToys least likely to use in order to create a perception of having unique products?

Accepted Answer

A) brand image 
B) reputation for quality 
C) product design 
D) low cost 
A) brand image 
B) reputation for quality 
C) product design 
D) low cost

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

A growth strategy is designed to ________.

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

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

A company that is selling unprofitable business units is most likely following a ________ strategy.

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

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

Adapting products and their marketing strategies in each of the national markets of a company to suit local preferences is called a ________ strategy.

Briefly describe the three generic business-level strategies,providing an example of each.

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

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

Which of the following strategies works best for an organization that practices mass production and mass-marketing?

Which of the following is the first stage of the strategy-formulation process?

Which of the following is a special ability of a company that competitors find extremely difficult to equal?

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

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

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

Globalization

Cross-Cultural Business

Political Economy and Ethics

Economic Development of Nations

International Trade Theory

Political Economy of Trade

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Monetary System

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters

Exam 11: International Strategy and Organization

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

A growth strategy is designed to ________.

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

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

A company that is selling unprofitable business units is most likely following a ________ strategy.

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

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

Adapting products and their marketing strategies in each of the national markets of a company to suit local preferences is called a ________ strategy.

Briefly describe the three generic business-level strategies,providing an example of each.

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

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

Which of the following strategies works best for an organization that practices mass production and mass-marketing?

Which of the following is the first stage of the strategy-formulation process?

Which of the following is a special ability of a company that competitors find extremely difficult to equal?

Objectives of individual business units in an organization exclusively contain numerical targets of performance.

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

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

Globalization

Cross-Cultural Business

Political Economy and Ethics

Economic Development of Nations

International Trade Theory

Political Economy of Trade

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Monetary System

Analyzing International Opportunities

Selecting and Managing Entry Modes

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters