Describe the four main global strategies that form the basis for global firms' organizational structure
What will be an ideal response?
The domestic exporter strategy is characterized by heavy centralization of corporate activities in the home country of origin. The multinational strategy concentrates financial management and control out of a central home base while decentralizing production, sales, and marketing operations to units in other countries. For franchisers, their product is created, designed, financed, and initially produced in the home country, but for product-specific reasons must rely heavily on foreign personnel for further production, marketing, and human resources. Transnational firms are the stateless, truly globally managed firms that may represent a larger part of international business in the future. Transnational firms have no single national headquarters, but instead have many regional headquarters and perhaps a world headquarters.
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Which of the following highlights the upcoming section of the presentation?
A) Presentation outline B) Program details C) Navigation slides D) Title slides E) Handouts
If liabilities total $70,000 and stockholders' equity totals $50,000, then total assets must be:
a. $20,000. b. $80,000. c. $120,000. d. $30,000. e. $30,000.
When you reconcile your monthly bank statement, any checks outstanding should be deducted from your book balance
Indicate whether the statement is true or false.
An election to determine whether a union will be certified as the bargaining agent of a given group of employees is known as a _______________________________.
Fill in the blank(s) with the appropriate word(s).