Exam 11: International Strategy and Organization

Decentralized decision making is beneficial when ________.

The purpose of a combination strategy is to mix growth,retrenchment,and stability strategies across a corporation's business units.

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

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

A ________ strategy is one in which a company emphasizes on serving the needs of a narrowly defined market segment by being the low-cost leader,differentiating its product,or both.

Which of the following statements is true of the environmental forces that affect strategy formulation?

Which of the following strategies is designed to increase the scale or scope of a corporation's operations?

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

Explain the differences between a mission statement and a business-level strategy.

A global matrix structure is an organizational structure that divides worldwide operations according to a company's product areas.

Explain the different ways in which products can be differentiated,providing an example of each.

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

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

A ________ strategy is one in which a company designs its products to be perceived by buyers as unique throughout its industry.

________ teams can help break down barriers between departments and reorganize operations around processes in an organization.

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

A strategy designed to reduce the scale or scope of a corporation's business is called a ________ strategy.

A ________ strategy typically increases the cost structure for international companies and forces them to charge higher prices to recover such costs.

Centralized decision making is beneficial when fast-changing national business environments put a premium on local responsiveness.

All parties ranging from suppliers and employers to consumers who are affected by a company's activities are called its stockholders.