Exam 11: International Strategy and Organization

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

A low-cost leadership strategy typically requires a company to have a large market share.

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

An organizational structure that splits the chain of command between product and area divisions is referred to as a(n)________ structure.

An international area structure separates domestic from international business activities by creating a separate international division with its own manager.

A(n)________ structure separates domestic from international business activities by creating a separate global branch with its own manager.

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

Companies involved in more than one line of business must first formulate a ________ strategy.

The main purpose of self-managed teams is to help break down barriers between departments.

Describe the four key approaches to corporate strategy,providing an example of each.

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

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