Exam 13: Implementing Strategy in Companies That Compete Across Industries and Countries

Mike Wearhouse, a clothing retail company, decides to pool operations with another retail store, Elliot's, to create a single business unit called Mike and Elliot's.Which of the following strategies is illustrated in the scenario?

John is employed at Global Tech, an organization that operates within the technology industry.He is an experienced corporate manager who assumes the responsibility for managing complex transfers between two or more divisions.John has a(n) role in the company.

All of the following strategies can be employed by companies as they begin to market their products and establish production facilities overseas except:

The more interdependent the divisions in a multidivisional structure, the greater are the bureaucratic costs associated with obtaining the potential benefits from a particular strategy.

Which of the following statements is true in the context of joint ventures?

Managers who pioneer and lead new-venture projects or divisions are called:

Which of the following statements is true in the context of mergers and acquisitions?

Libra Inc.is a large company that wants to enter into a new market.The company has entrusted a team of managers to pioneer and lead the planned business unit.The company has decided to give the unit a certain degree of autonomy so as to foster innovation and creativity.To enter into new markets Libra Inc.has mostly likely adopted A strategy.

Which of the following is a disadvantage of new venture divisions?

Red Communications and Bull's Eye Media are two large companies operating in different countries.As both the companies wish to enter into different countries, they have decided to come together and operate under a single company name.Which of the following entry modes are the companies most likely using?

The head of the finance function at Beta LLC.employs a larger staff than is required to reduce work pressures inside the department without adding to productivity.This is an example of organizational slack.

Which of the following statements is true about of unrelated diversification in the context of a multidivisional structure?

In a(n) strategy, product development is centralized at horne and other value creation functions are decentralized to national units.

Nutrimax is a large foods maker firm with subsidiaries in many countries.As the tastes and preferences of customers vary largely, the company has decentralized control to the subsidiaries so that they can customize their products.For example, the company's subsidiary in Selenasia only manufactures dense bread baked with a mixture of grains to meet the needs of its customers.In this scenario, Nutrimax is most likely to be using which of the following strategies?

Which among the following is most likely to have a global matrix structure?

Which of the following statements is true about the global matrix structure?

The organizational hierarchy is flatter in a Multidivisional structure than in a product or functional structure.

Supernova Inc.wishes to enter a new market to expand its business.Realizing that the resources within the firm might not be sufficient to establish a new business unit, the company has entered into an agreement with Alba Inc.; both the companies will combine their resources and skills to establish and manage the new unit.Which of the following entry modes has Supernova Inc.adopted?

Which of the following is an advantage of the multidivisional structure?

Which of the following is an advantage of new venture divisions?