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

ID: 1200909 • Letter: A

Question

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

A.

global

B.

multinational

C.

growth

D.

stability

E.

retrenchment

2.

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

A.

value-chain analysis

B.

planning

C.

mission statement

D.

marketing activities

E.

core competency

3.

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

A.

cost-leadership strategy

B.

focus strategy

C.

quality strategy

D.

brand image

E.

global strategy

4.

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

A.

ignoring cultural differences in self-managed teams

B.

using selection tests to identify the employees likely to perform well in a team

C.

training local managers at the parent company

D.

adapting self-managed work teams to the national culture of each subsidiary

E.

adapting the integration process of work teams to each national culture

5.

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

A.

The global matrix structure increases efficiency.

B.

The global matrix structure improves communication among divisions.

C.

The global matrix structure can increase coordination.

D.

The global matrix structure is cumbersome.

E.

The global matrix structure can improve local responsiveness.

6.

The main disadvantage with a multinational strategy is that ________.

A.

it mixes growth, retrenchment, and stability strategies across a corporation's business units

B.

it allows companies to monitor buyer preferences and respond quickly to new buyer preferences

C.

it saves money

D.

it cannot exploit scale economies

E.

it is designed to guard against change

7.

Which of the following statements does NOT describe team structure?

A.

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

B.

Teams can improve responsiveness by cutting across functional boundaries.

C.

In a self-managed team, employees assume the responsibilities of their former supervisors.

D.

Work teams coordinate efforts and arrive at solutions.

E.

Globalization is forcing companies to respond more quickly by using teams.

8.

When do companies use decentralized decision making?

A.

When quick, local responsiveness is needed

B.

When they coordinate the operations of international subsidiaries

C.

When a company is purchasing for subsidiaries that use the same inputs

D.

When one subsidiary's output is another's input

E.

When they operate in multiple lines of business

Explanation / Answer

Ans1: Global

2: Core competancy

3: Brand image

5: The global matrix structure is cumbersome

6: (E)

7: ( A)

8: (A)

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