Question 1

The advantages that a regional management center can offer a company include all of the following except:

Accepted Answer

The answer of The advantages that a regional management center...

Question 2

In the fast changing,competitive environment,new global realities are emerging,which includes all of the following needs except:

Accepted Answer

The other options - being cost effective, customer driven, delivering best quality, and delivering quickly - are all important needs that have emerged in the current business environment. However, "delivering success" is too vague and subjective to be considered a specific need. Success can be defined in different ways by different organizations, and what constitutes success can vary depending on the context. Therefore, this option is not a relevant need that has emerged in the current business environment.

Question 3

According to David Whitwam,former CEO of Whirlpool,one must create an organization whose people are:

Accepted Answer

The answer of According to David Whitwam,former CEO of Whirlpool,one...

Question 4

Which of the following is the best organization structure for global marketing?

Accepted Answer

There is no single best structure for global marketing as it depends on various factors such as the nature of the business, the products or services being offered, the target audience, and the geographic locations of the markets. Therefore, organizations should evaluate their unique needs and select a structure that best fits their requirements.

Question 5

Hershey rolled out a new line of condensed-milk candies,Yo-man,specifically targeting premium candy segment in:

Accepted Answer

China is a growing market with a growing middle class, making it a prime target for premium candy sales.

Question 6

A company with headquarters in the United States and operational units in the Netherlands,France,Italy,and Spain would be well advised to consider establishing a(n):

Accepted Answer

The answer of A company with headquarters in the United...

Question 7

As a company's initial international business involvement becomes too much for a single manager or export department to handle,the next step is typically to establish a(n):

Accepted Answer

As the company's international business involvement grows, it becomes necessary to establish a separate international division to handle the complexities of managing international operations. This can include dealing with different regulations, cultures, and markets. The international division structure is designed to allow the company to focus more specifically on its international business and to ensure that the necessary resources and expertise are in place to support its global growth.

Question 8

Management writers often use terms like ________ to describe an organization in which autonomous business units operate with their own agendas and a minimum of horizontal interdependence.

Accepted Answer

The term used to describe an organization in which autonomous business units operate with their own agendas and a minimum of horizontal interdependence is "chimneys". This refers to the vertical structure of the organization, with each unit operating independently and reporting up to a central management team.

Question 9

Under the geographical and product division structures,for the company with French origins,France is:

Accepted Answer

The answer of Under the geographical and product division structures,for...

Question 10

A company with headquarters in Europe and operational units in Canada,the United States,and Mexico would be well advised to consider establishing a(n):

Accepted Answer

The answer of A company with headquarters in Europe and...

Question 11

Sony's Blu-ray DVD format has gained widespread acceptance.Sony,Sharp,Panasonic,and other Japanese manufacturers are all experiencing ________ sales of traditional electronics products.

Accepted Answer

The sentence contrasts the success of Sony's Blu-ray DVD format with the declining sales of traditional electronics products from Japanese manufacturers. Therefore, the best choice is declining.

Question 12

One of the potential drawbacks of a regional management center is that:

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The answer of One of the potential drawbacks of a...

Question 13

Which of the following does not contribute to the establishment of an international division?

Accepted Answer

The lack of desire to scan the globe for opportunities and threats is not a factor that contributes to the establishment of an international division. In fact, having a proactive approach to scanning the global environment is often a reason why companies establish international divisions. The other options all contribute to the establishment of an international division by recognizing the need for specialized units, the complexity of international operations, and the commitment to senior management.

Question 14

When Brazilian Carlos Ghosn was installed as chief executive,he introduced two new words into Nissan's lexicon:

Accepted Answer

According to the sentence, Carlos Ghosn introduced the words "speed and commitment" into Nissan's lexicon. None of the other options are mentioned.

Question 15

According to Prahalad and Hamel,a core competence has all of the following characteristics except:

Accepted Answer

Prahalad and Hamel state that a core competence should be difficult for competitors to imitate, contribute to perceived customer benefits, and have potential access to a wide variety of markets. Therefore, option C is an incorrect characteristic as it goes against the definition of a core competence.

Question 16

The organization design in which an employee reports to both a country manager and a functional manager is a(n):

Accepted Answer

This describes a matrix structure, where employees have dual reporting lines to both a functional manager and a country manager. It is a common approach in multinational companies to balance local and global perspectives. The other options, such as international division structure or geographic structure, do not necessarily involve reporting to dual managers in the same way.

Question 17

Organizations in order to be globally successful must be viewed as portfolio of:

Accepted Answer

The answer of Organizations in order to be globally successful...

Question 18

In today's dynamic global competitive environment,organizations need to develop new forms of:

Accepted Answer

In today's dynamic global competitive environment, organizations need to be able to adapt to changing market conditions quickly and efficiently. Flexibility allows organizations to respond to customers' changing needs and preferences, while efficiency helps organizations reduce costs and increase productivity. Responsiveness enables organizations to react quickly to changes in the marketplace, such as new competitors or emerging technologies. Therefore, developing new forms of flexibility, efficiency, and responsiveness is essential for success in today's global marketplace.

Question 19

Joseph Tripodi is Chief Marketing and Commercial Officer of:

Accepted Answer

Joseph Tripodi is the former Chief Marketing and Commercial Officer of Coca-Cola.

Question 20

Which global marketing expert recommends an organization design based on a "global superstructure" that views the world in terms of 30 regions?

Accepted Answer

Kenichi Ohmae recommends an organization design based on a "global superstructure" that views the world in terms of 30 regions. He believes that this structure allows for effective decision-making and efficient operations in a global marketplace. Ohmae is a well-known global marketing expert and has authored several books on the subject including "The Borderless World" and "The End of the Nation-State."

Quiz 17: Leadership, organization, and Corporate Social Responsibility