When an organization drops its structure based on countries and reorganizes according to industries,it is pursuing a global business approach known as ________.
A)polycentric organization
B)multicultural organization
C)transnational organization
D)multinational organization
E)transactional organization

Question

Quizplus · Accepted Answer

A transnational organization organizes its structure based on industries rather than countries to pursue a more global approach to business operations. A polycentric organization is still based on country-specific structures, a multicultural organization may prioritize diversity and inclusion but does not necessarily restructure according to industries, a multinational organization operates in multiple countries but may still have country-based structures, and a transactional organization prioritizes short-term, one-time transactions rather than long-term relationships.

When an Organization Drops Its Structure Based on Countries and Reorganizes