chapter 11 quiz international business

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Which of the following strategies is NOT a​ business-level strategy?

A growth strategy

Which of the following statements does NOT describe a mission​ statement?

A mission statement identifies and selects an​ organization's objectives

​________ decision making concentrates decision making at a high organizational level at the corporate headquarters.

Centralized

_______ are the lines of authority that run from top management to individual employees and that specify internal reporting relationships.

Chains of command

Which of the following do companies NOT need to know about differences in political and legal​ systems?

If English is spoken

Which of the following statements does NOT describe a​ value-chain analysis?

In​ value-chain analysis, managers want to decrease the value provided to customers.

Which of the following is NOT a question to ask before going​ global?

Is your company a​ start-up?

Which of the following key questions do managers NOT ask when designing the organizational​ structure?

Should the company evaluate its​ employees?

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

Strategy

Which of the following is a disadvantage of the global matrix​ structure?

The global matrix structure is cumbersome.

Which of the following statements does NOT describe a​ cross-functional team?

They increase the time to get a product from the idea stage to the marketplace.

Why would a firm NOT opt for a global​ strategy?

To overlook differences in buyer preferences

When do companies use decentralized decision​ making?

When​ quick, local responsiveness is needed

Changes in strategy require​ ________.

adjustments in structure

When designing​ structure, managers must consider the degree of​ ________ needed among various groups within the firm.

coordination

For​ decades, Sony relied on its​ ________ in miniaturizing electronic components to assure global leadership.

core competency

​A(n) ________ is a special talent of a company that competitors find difficult to match.

core competency

Many individual Johnson​ & Johnson companies try to dominate their segments by producing specialty goods and services. This is an example of a​ ________.

focus strategy

A​ ________ strategy is designed to increase the scale or scope of a​ corporation's operations.

growth

For​ self-managed teams, experts suggest all of the basic guidelines EXCEPT​ ________.

ignoring cultural differences in​ self-managed teams

​A(n) ________ structure creates a division with a manager for international activities.

international division

The main disadvantage with a multinational strategy is that​ ________.

it cannot exploit scale economies

A​ ________strategy is a strategy of adapting products to suit local tastes.

multinational

Support activities in a value chain include all of the following EXCEPT​ ________.

the creation of the product

Which of the following statements does NOT describe team​ structure?

​Cross-functional teams put up barriers among departments and cause conflict.


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