Companies that adopt the global model tend to base their global competitive strategy on
A) local tastes.
B) decentralized structures.
C) local politics.
D) traditional practices.
E) cost considerations.
E) cost considerations.
Explanation: The global model is an organizational model consisting of a company's overseas subsidiaries and characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations. The model is typically adopted by organizations that base their global competitive strategy on cost considerations.
You might also like to view...
A liability for dividends exists:
A. On the date of declaration. B. On the date of payment. C. When cumulative preferred stock is sold. D. On the date of record. E. For dividends in arrears on cumulative preferred stock.
A source document that production managers use to request materials for production and that is used to assign materials costs to specific jobs or to overhead is a:
A. Receiving report. B. Job cost sheet. C. Materials requisition. D. Production order. E. Materials purchase order.
It is during the idea generation stage of the new-product development process that the company often ends up rejecting most new goods and services for one reason or another.
Answer the following statement true (T) or false (F)
[The following information applies to the questions displayed below.] Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions)•Acquired $6,000 cash from issuing common stock. • Borrowed $4,400 from a bank. • Earned $6,200 of revenues. • Incurred $4,800 in expenses. • Paid dividends of $800. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions)•Acquired an additional $1,000 cash from the issue of common stock. • Repaid $2,600 of its debt to the bank. • Earned revenues, $9,000. • Incurred expenses of $5,500. • Paid dividends of $1,280. What was the net cash flow from financing activities reported
on Lexington's statement of cash flows for Year 2? A. $2,880 inflow B. $1,000 outflow C. $2,880 outflow D. $1,000 inflow