MGT 6670 FINAL EXAM 2025/2026
QUESTIONS AND ANSWERS 100% PASS
Exporting and importing - ANS often are the only available choices for small and new firms
wanting to go international
wholly owned subsidiaries - ANS is a foreign subsidiary that is totally owned and controlled
by an organization
mergers/acquisitions - ANS The cross-border purchase or exchange of equity involving two
or more companies
alliance - ANS any type of cooperative relationship among two or more different firm
Joint venture (JV) - ANS an agreement under which two or more partners own or control a
business
license - ANS an agreement that allows one party to use an industrial property right in
exchange for payment to the owning party
franchise - ANS a business arrangement under which one party (the franchisor) allows
another (the franchisee) to operate an enterprise using its trademark, logo, product line, and
methods of operation in return for a fee.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, international division structure - ANS a structural arrangement that handles all international
operations out of a division created for this purpose
global product division - ANS structural arrangement in which domestic divisions are given
worldwide responsibility for product groups
global area division - ANS a structure under which global operations are organized on a
geographic rather than a product basis
global functional division - ANS a structure that organizes worldwide operations primarily
based on function and secondarily on product.
transnational network structure - ANS a multinational structural arrangement that combines
elements of function, product, and geographic designs, while relying on a network arrangement
to link worldwide subsidiaries
Integrative techniques - ANS techniques that help the overseas operation become a part of
the host country's infrastructure
-Developing good relations with the host government and other local political groups
-Producing as much of the product locally as possible with the use of in-country suppliers and
subcontractors, thus making it a "domestic" product
-Creating joint ventures and hiring local people to manage and run the operation
-Doing as much local research and development as possible
-Developing effective labor-management relations - ANS Some of the most integrative
techniques include the following:
Economic imperative - ANS A worldwide strategy based on cost leadership, differentiation,
and segmentation
quality imperative - ANS Takes two interdependent paths:
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
QUESTIONS AND ANSWERS 100% PASS
Exporting and importing - ANS often are the only available choices for small and new firms
wanting to go international
wholly owned subsidiaries - ANS is a foreign subsidiary that is totally owned and controlled
by an organization
mergers/acquisitions - ANS The cross-border purchase or exchange of equity involving two
or more companies
alliance - ANS any type of cooperative relationship among two or more different firm
Joint venture (JV) - ANS an agreement under which two or more partners own or control a
business
license - ANS an agreement that allows one party to use an industrial property right in
exchange for payment to the owning party
franchise - ANS a business arrangement under which one party (the franchisor) allows
another (the franchisee) to operate an enterprise using its trademark, logo, product line, and
methods of operation in return for a fee.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, international division structure - ANS a structural arrangement that handles all international
operations out of a division created for this purpose
global product division - ANS structural arrangement in which domestic divisions are given
worldwide responsibility for product groups
global area division - ANS a structure under which global operations are organized on a
geographic rather than a product basis
global functional division - ANS a structure that organizes worldwide operations primarily
based on function and secondarily on product.
transnational network structure - ANS a multinational structural arrangement that combines
elements of function, product, and geographic designs, while relying on a network arrangement
to link worldwide subsidiaries
Integrative techniques - ANS techniques that help the overseas operation become a part of
the host country's infrastructure
-Developing good relations with the host government and other local political groups
-Producing as much of the product locally as possible with the use of in-country suppliers and
subcontractors, thus making it a "domestic" product
-Creating joint ventures and hiring local people to manage and run the operation
-Doing as much local research and development as possible
-Developing effective labor-management relations - ANS Some of the most integrative
techniques include the following:
Economic imperative - ANS A worldwide strategy based on cost leadership, differentiation,
and segmentation
quality imperative - ANS Takes two interdependent paths:
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED