When the need for national responsiveness is high and the need for global integration is also high, the most appropriate strategy is a(n) _____ strategy.
If a firm operates production plants in different countries…
If a firm operates production plants in different countries but makes no attempt to integrate its overall operations, the company is known as a(n) _____ firm.
A multinational company (MNC) is likely to centralize its de…
A multinational company (MNC) is likely to centralize its decision making when:
Popular in the fast-food industry, _______ is an ownership s…
Popular in the fast-food industry, _______ is an ownership structure that typically requires the payment of a fee upfront and then a percentage of the revenue from the business.
_____ attempts to provide management with accurate forecasts…
_____ attempts to provide management with accurate forecasts of trends that relate to external changes in geographic areas where the firm is currently doing business or considering setting up operations.
As an organizational characteristic, _____ is the assigning…
As an organizational characteristic, _____ is the assigning of individuals to specific, well-defined tasks.
A structural arrangement in which domestic divisions are giv…
A structural arrangement in which domestic divisions are given worldwide responsibility for product groups is referred to as a(n) _____.
The process of giving individuals and teams the resources, i…
The process of giving individuals and teams the resources, information, and authority they need to develop ideas and effectively implement them is referred to as _____.
Pushing decision making down the line and getting the lower-…
Pushing decision making down the line and getting the lower-level personnel involved is referred to as _____.
If the government acquires privately owned real estate throu…
If the government acquires privately owned real estate through a condemnation suit, it is exercising its power of