Describe the difference between global integration and national responsiveness. What is the principle advantage of each strategy?
What will be an ideal response?
Global integration is the production and distribution of products and services of a homogeneous type and quality on a worldwide basis. To a growing extent, the customers of multinational corporations have homogenized tastes, and this has helped to spread international consumerism. This provides an opportunity for some firms to sell standardized products worldwide. Global integration generates economies of scale and also capitalizes on further lowering unit costs as a firm moves into worldwide markets selling its products or services. National responsiveness is the need to understand the different consumer tastes in segmented regional markets and respond to different national standards and regulations imposed by autonomous governments and agencies. National responsiveness relates to the need to adapt tools and techniques for managing the local workforce. Sometimes what works well in one country does not work in another.
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Up to six generations of a family are considered as one shareholder for purposes of the 100-shareholder limit.
Answer the following statement true (T) or false (F)
The STAR method refers to a
a. recommended format for writing a letter of recommendation: substantiation, thoughts, actions, and reasons. b. format to help the job applicant answer open-ended questions: situation or task, action, and result. c. reminder method for interview dressing: shined, tailored, accessorized, and ready. d. discovery process used in researching a position for which you will interview: salary, training, activities, and rewards.
Which character pillar is defined as: Work hard, and be conscious of the way you behave and communicate toward others, practice self-awareness, and always strive toward self–improvement?
a. Trustworthiness b. Respect c. Responsibility d. Citizenship
Marion was a guest at Hotel 9. She forgot her purse in her room while she was in the Hotel restaurant and upon returning, discovered that it had been stolen
Marion made a report to the hotel manager and advised him that she had valuables in her purse totaling approximately $10,000. The manager advised her that in accordance with the notice posted by the hotel on the back of the room door, the hotel's liability was limited to $100. Marion indicated that she had not read the notice and had no knowledge of its contents. Which of the following is TRUE? A) The hotel is responsible for the full amount of Marion's loss as the law does not allow hotel operators to try and limit their liability to guests. B) The notice posted by the hotel is effective to limit its liability to $100. C) The hotel is liable for the full amount of Marion's loss only if it can be proven that it occurred as a result of its negligence. D) The notice posted by the hotel is an exclusion clause which will be strictly interpreted by the courts. E) The hotel could have by the notice, effectively limited its liability but as Marion has not read the notice, then it is liable for the full amount of her loss