Question 1

Global businesses with a hybrid structure are said to be organized by more than one dimension at the top level.

Accepted Answer

A) True 
 B)False

Question 2

Limited Clothing Inc.has a corporate headquarters with three divisions: North American Division,European Division,and Asia Division.Limited Clothing Inc.has a _____ structure.

Accepted Answer

A)  global 
B)  multinational 
C)  geographical region 
D)  continental 
E)  hybrid 
A)  global 
B)  multinational 
C)  geographical region 
D)  continental 
E)  hybrid

Question 3

Of the following,which is NOT listed in the text as a purpose of organizational structure?

Accepted Answer

A)  It allows the members of the organization to perform a wide variety of activities based upon a division of labor that leads to specialization of functions. 
B)  It permits the organization members the coordination of their activities. 
C)  It permits the organization members to create hierarchical supervision. 
D)  It determines the boundaries of the organization and regulates its interfaces with the environment and its interactions with other organizations. 
E)  It allows the members of an organization to develop a cohesive company culture. 
A)  It allows the members of the organization to perform a wide variety of activities based upon a division of labor that leads to specialization of functions. 
B)  It permits the organization members the coordination of their activities. 
C)  It permits the organization members to create hierarchical supervision. 
D)  It determines the boundaries of the organization and regulates its interfaces with the environment and its interactions with other organizations. 
E)  It allows the members of an organization to develop a cohesive company culture.

Question 4

C.K.Prahalad postulates that stateless corporations represent the _____ stage of globalization.

Accepted Answer

A)  first 
B)  second 
C)  third 
D)  fourth 
E)  fifth 
A)  first 
B)  second 
C)  third 
D)  fourth 
E)  fifth

Question 5

North American Operations,GM Acceptance Corporation,International Operations,and Hughes Electronics are some of the subsidiaries of General Motors.

Accepted Answer

A) True 
 B)False

Question 6

Global businesses that use a functional structure usually have a narrow product line.

Accepted Answer

A) True 
 B)False

Question 7

Scenario - Mirkhani Mining Supplies
Mirkhani Mining Supplies is the industry leader in the production of underground mining equipment.The company has its headquarters in South Africa and has been in operation there since its inception in 1987.Mirkhani is known worldwide for the safety features it incorporates in its equipment.This company conducts its operations with the safety of the underground miner as its guiding objective.
Mirkhani Mining was recently called in to respond to the latest mine accident in China.Mirkhani not only provides safe mining equipment,it also makes superior mine rescue equipment.The company will be receiving a global award for freely rendering the use of its rescue equipment to China during a mine collapse.Mirkhani Mining Supplies will be recognized around the globe as saving the lives of forty underground miners in China.The company states,"Saving those lives is better than receiving a billion dollars for mining machinery."
-As the growth of Mirkhani Mining Supplies has taken place,which one of the following is least likely to be a step it has taken in its international advancement?

Accepted Answer

A)  Development of an export division 
B)  Collaboration between the sales department and the export division 
C)  Use of advanced marketing techniques for its products within its home country of South Africa 
D)  Adaptation of its products to better fit the needs of its customers 
E)  Development of an international division 
A)  Development of an export division 
B)  Collaboration between the sales department and the export division 
C)  Use of advanced marketing techniques for its products within its home country of South Africa 
D)  Adaptation of its products to better fit the needs of its customers 
E)  Development of an international division

Question 8

The reason why some organizations reject a functional organizational structure is because they believe it renders them unable to respond to environmental changes that require coordination between functional areas,and because it offers each employee a restricted view of the organization's primary goal.

Accepted Answer

A) True 
 B)False

Question 9

An international division is advantageous because it allows global businesses to concentrate all international efforts and expertise in one location.

Accepted Answer

A) True 
 B)False

Question 10

There are typically _____ organizational structures for global business.

Accepted Answer

A)  two 
B)  three 
C)  four 
D)  five 
E)  six 
A)  two 
B)  three 
C)  four 
D)  five 
E)  six

Question 11

All of the following are advantages of the matrix structure EXCEPT that it _____.

Accepted Answer

A)  ​allows the company to meet multiple demands from the environment 
B)  facilitates innovation and creativity 
C)  ​permits the company to allocate resources flexibly 
D)  ​rarely allows employees the chance to acquire functional skills 
E)  ​fosters cooperation among employees with different functional expertise 
A)  ​allows the company to meet multiple demands from the environment 
B)  facilitates innovation and creativity 
C)  ​permits the company to allocate resources flexibly 
D)  ​rarely allows employees the chance to acquire functional skills 
E)  ​fosters cooperation among employees with different functional expertise

Question 12

A market structure is also sometimes called ______ structure.

Accepted Answer

A)  functional 
B)  product 
C)  geographical region 
D)  customer 
E)  hybrid 
A)  functional 
B)  product 
C)  geographical region 
D)  customer 
E)  hybrid

Question 13

In the final stage of globalization,global companies produce goods in one country and export them to other countries.

Accepted Answer

A) True 
 B)False

Question 14

A(n)_______ is a new phase in the evolution of the multinational corporation,where work is sourced wherever it is most efficient and the corporation transcends nationality altogether.

Accepted Answer

stateless

Question 15

A market structure is one where an organization:

Accepted Answer

A)  groups people together because they hold similar positions in a company,perform a similar set of tasks,or use the same kind of skills. 
B)  groups products into separate divisions according to their similarities or differences. 
C)  groups products into separate divisions according to the needs of the different geographical regions the company serves. 
D)  groups products into separate divisions according to the needs of different customers. 
E)  is said to be organized by more than one dimension at the top level. 
A)  groups people together because they hold similar positions in a company,perform a similar set of tasks,or use the same kind of skills. 
B)  groups products into separate divisions according to their similarities or differences. 
C)  groups products into separate divisions according to the needs of the different geographical regions the company serves. 
D)  groups products into separate divisions according to the needs of different customers. 
E)  is said to be organized by more than one dimension at the top level.

Question 16

_________ is an organizational structure that groups people together because they hold similar positions in a company,perform a similar set of tasks,or use the same kind of skills.

Accepted Answer

Functional

Question 17

The organizational structure that results from combining functional and divisional structures is called a geographic region structure.

Accepted Answer

A) True 
 B)False

Question 18

According to C.K.Prahalad,the first stage of globalization is _____.

Accepted Answer

A)  when global firms set up operations in other countries 
B)  when companies produce goods in one country and export them to other countries 
C)  when global businesses establish foreign subsidiaries to handle the exports from their home countries 
D)  when stateless corporations locate their core corporate functions and top executives in different countries 
E)  when multinational companies headquarter in their home country 
A)  when global firms set up operations in other countries 
B)  when companies produce goods in one country and export them to other countries 
C)  when global businesses establish foreign subsidiaries to handle the exports from their home countries 
D)  when stateless corporations locate their core corporate functions and top executives in different countries 
E)  when multinational companies headquarter in their home country

Question 19

According to C.K.Prahalad,a global firm is in the third stage of globalization when it _____.

Accepted Answer

A)  sets up operations in other countries 
B)  produces goods in one country and exports them to other countries 
C)  establishes a foreign subsidiary to handle the exports from its home country 
D)  locates its core corporate functions and top executives in different countries 
E)  is headquartered in its home country 
A)  sets up operations in other countries 
B)  produces goods in one country and exports them to other countries 
C)  establishes a foreign subsidiary to handle the exports from its home country 
D)  locates its core corporate functions and top executives in different countries 
E)  is headquartered in its home country

Question 20

A global defense contractor needs deep functional skills as well as the ability to coordinate across the functions of each contract or project.For this example,the organizational structure that would best suit their needs would be a matrix structure.

Accepted Answer

A) True 
 B)False

Global businesses with a hybrid structure are said to be organized by more than one dimension at the top level.

Limited Clothing Inc.has a corporate headquarters with three divisions: North American Division,European Division,and Asia Division.Limited Clothing Inc.has a _____ structure.

Of the following,which is NOT listed in the text as a purpose of organizational structure?

C.K.Prahalad postulates that stateless corporations represent the _____ stage of globalization.

North American Operations,GM Acceptance Corporation,International Operations,and Hughes Electronics are some of the subsidiaries of General Motors.

Global businesses that use a functional structure usually have a narrow product line.

An international division is advantageous because it allows global businesses to concentrate all international efforts and expertise in one location.

There are typically _____ organizational structures for global business.

All of the following are advantages of the matrix structure EXCEPT that it _____.

A market structure is also sometimes called ______ structure.

In the final stage of globalization,global companies produce goods in one country and export them to other countries.

A(n)_______ is a new phase in the evolution of the multinational corporation,where work is sourced wherever it is most efficient and the corporation transcends nationality altogether.

A market structure is one where an organization:

_________ is an organizational structure that groups people together because they hold similar positions in a company,perform a similar set of tasks,or use the same kind of skills.

The organizational structure that results from combining functional and divisional structures is called a geographic region structure.

According to C.K.Prahalad,the first stage of globalization is _____.

According to C.K.Prahalad,a global firm is in the third stage of globalization when it _____.

A global defense contractor needs deep functional skills as well as the ability to coordinate across the functions of each contract or project.For this example,the organizational structure that would best suit their needs would be a matrix structure.

The Rise of Globalization

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment of Global Business

The Legal,economic and Political Environment of Global Business

Entry Strategies in Global Business

Control of Global Business

Corruption and Ethics in Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Global Accounting and Taxation

Filters

Exam 10: The Organization of Global Business

Global businesses with a hybrid structure are said to be organized by more than one dimension at the top level.

Limited Clothing Inc.has a corporate headquarters with three divisions: North American Division,European Division,and Asia Division.Limited Clothing Inc.has a _____ structure.

Of the following,which is NOT listed in the text as a purpose of organizational structure?

C.K.Prahalad postulates that stateless corporations represent the _____ stage of globalization.

North American Operations,GM Acceptance Corporation,International Operations,and Hughes Electronics are some of the subsidiaries of General Motors.

Global businesses that use a functional structure usually have a narrow product line.

An international division is advantageous because it allows global businesses to concentrate all international efforts and expertise in one location.

There are typically _____ organizational structures for global business.

All of the following are advantages of the matrix structure EXCEPT that it _____.

A market structure is also sometimes called ______ structure.

In the final stage of globalization,global companies produce goods in one country and export them to other countries.

A(n)_______ is a new phase in the evolution of the multinational corporation,where work is sourced wherever it is most efficient and the corporation transcends nationality altogether.

A market structure is one where an organization:

_________ is an organizational structure that groups people together because they hold similar positions in a company,perform a similar set of tasks,or use the same kind of skills.

The organizational structure that results from combining functional and divisional structures is called a geographic region structure.

According to C.K.Prahalad,the first stage of globalization is _____.

According to C.K.Prahalad,a global firm is in the third stage of globalization when it _____.

A global defense contractor needs deep functional skills as well as the ability to coordinate across the functions of each contract or project.For this example,the organizational structure that would best suit their needs would be a matrix structure.

The Rise of Globalization

The Evolution of International Business

Regional Economic Integration

The International Flow of Funds and Exchange Rates

The Cultural Environment of Global Business

The Legal,economic and Political Environment of Global Business

Entry Strategies in Global Business

Control of Global Business

Corruption and Ethics in Global Business

Global Human Resource Management

Global Marketing

Global Operations and Supply-Chain Management

Global Financial Management

Global Accounting and Taxation

Filters