mkt 321 chapter 10
Global corporate form—product - CORRECT ANSWER-This organizational structure
typically creates a duplication of area experts
Global corporate form—geographic - CORRECT ANSWER-Responsibility for all
activities are assigned to an area manager who reports directly to the chief executive
officer
Global corporate form—function - CORRECT ANSWER-Users of this organizational
structure typically have a narrow and highly integrated product mix.
Individual managers will have a multiple reporting relationship. - CORRECT
ANSWER-matrix organization
strategic business unit - CORRECT ANSWER-An organizational form in which units
are defined as though they were distinct, independent entities.
Which of the following is not a factor in reducing the freedom and flexibility of a joint
venture as compared to a wholly owned subsidiary? - CORRECT ANSWER-If
non-GWI shareholders have control of the new affiliate, they can contribute
additional production factors to the venture
Methods for maintaining control over a joint venture even with less than 50 percent
of the voting stock include all of the following except - CORRECT ANSWER-putting
people in ground floor positions.
After acquiring two new foreign affiliates, Henson Manufacturing created a new
organizational chart to indicate where formal authority would lie within the
organization. This organizational chart is an indication of - CORRECT
ANSWER-organizational structure.
Organizational design is best described as - CORRECT ANSWER-a process that
deals with how an international business should be organized to ensure that its
global business activities are integrated efficiently and effectively.
The two main issues for management to consider in designing an international
company's structure include: - CORRECT ANSWER-coordinating departments'
activities to meet the firm's overall objectives.
Keller Corp., based in Virginia, has exported its line of luggage and travel products
into Europe for the past three years and has decided to create a new division based
in Paris to handle all overseas activity. What type of division is the company
creating? - CORRECT ANSWER-international
Global corporate form—product - CORRECT ANSWER-This organizational structure
typically creates a duplication of area experts
Global corporate form—geographic - CORRECT ANSWER-Responsibility for all
activities are assigned to an area manager who reports directly to the chief executive
officer
Global corporate form—function - CORRECT ANSWER-Users of this organizational
structure typically have a narrow and highly integrated product mix.
Individual managers will have a multiple reporting relationship. - CORRECT
ANSWER-matrix organization
strategic business unit - CORRECT ANSWER-An organizational form in which units
are defined as though they were distinct, independent entities.
Which of the following is not a factor in reducing the freedom and flexibility of a joint
venture as compared to a wholly owned subsidiary? - CORRECT ANSWER-If
non-GWI shareholders have control of the new affiliate, they can contribute
additional production factors to the venture
Methods for maintaining control over a joint venture even with less than 50 percent
of the voting stock include all of the following except - CORRECT ANSWER-putting
people in ground floor positions.
After acquiring two new foreign affiliates, Henson Manufacturing created a new
organizational chart to indicate where formal authority would lie within the
organization. This organizational chart is an indication of - CORRECT
ANSWER-organizational structure.
Organizational design is best described as - CORRECT ANSWER-a process that
deals with how an international business should be organized to ensure that its
global business activities are integrated efficiently and effectively.
The two main issues for management to consider in designing an international
company's structure include: - CORRECT ANSWER-coordinating departments'
activities to meet the firm's overall objectives.
Keller Corp., based in Virginia, has exported its line of luggage and travel products
into Europe for the past three years and has decided to create a new division based
in Paris to handle all overseas activity. What type of division is the company
creating? - CORRECT ANSWER-international
