MacAdam Enterprises sells the same sparkplugs in more than 30 countries. MacAdam is an example that helps to support the globalization hypothesis.
Answer the following statement true (T) or false (F)
True
One of the core drivers for globalization is to expand the total market of firms in order to achieve economies of scale and drive down costs. For many business executives, the move toward globalization is based on the globalization hypothesis, which states that consumer needs and preferences throughout the world are converging and thus becoming increasingly homogenous. In support of the globalization hypothesis, IKEA sells its home furnishings successfully in over 40 countries. Toyota is selling its hybrid Prius vehicle in 80 countries.
You might also like to view...
Which of the following best describes the pricing objective typically used by regulated utilities such as gas and electricity?
A) penetration pricing B) skimming C) investment pricing D) competitive pricing
This question has two parts; be sure to answer both. First, define span of control and contrast the two kinds of spans of control. Second, imagine that you are the manager of the customer-service department for a major furniture retailer, which has 40 CSR's (customer service representatives) on the phone lines at any given time during business hours. Can you be effective as a manager with such a wide span of control? Why or why not?
What will be an ideal response?
Discuss the private key encryption technique and its shortcomings
____ occurs when an individual’s beliefs are in direct conflict with the requirements of his or her role.
a. Interrole conflict b. Person-role conflict c. Intrarole conflict d. Intersender conflict