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The ability to realize cost economies from global volume is greatest in the case of (a) products that need to be customized to local requirements (b) commodity-type products that serve universal needs (c) low-weight, high-value products that can be differentiated by global companies (d) products that can be eco ...continues
A company with a business-level strategy of cost leadership should pursue which of the following global expansion strategies? (a) Multidomestic (b) Global (c) International (d) Transnational (e) A cost leader should not expand globally
Horizonal integration supports the achievement of a ______________ strategy? (a) cost leadership (b) differentiation (c) focus (d) cost leadership and differentiation (e) stuck in the middle
Strategic Management- how an organization views the claims of its stakeholders
Which of the following is an indicator of how an organization views the claims of its stakeholders? (a) Major strategies (b) The mission statement (c) The business definition (d) The number of outsiders on the board of directors (e) Major goals
Which of the following is NOT a goverance mechanism used to align the interests of managers and syockholders? (a) Stockholder meetings (b) The board of directors (c) Stock-based compensation schemes (d) The mission statement (e) Takeover contraints
Using output controls at the individual level is least appropriate when the work force consists primarily of ________ (a) salespeople (b) production workers (c) tax accountants (d) research and development scientists (e) data entry clerks
Which of the following actions would you expect to see in a company that is undergoing a reengineering? (a) Hiring more managers (b) Hiring more workers (c) Examining activities from a customer's point of view (d) Investing more product R&D (e) Centralizing decision-making authority
Foreign managers have the most authority in a (an)_________structure. (a) global-area (b) international (c) global product division (d) global matrix (e) multidivional
PepsiCo bought many of its bottlers. Which entry mode is PepsiCo using to enter the bottling industry? (a) acquistion (b) internal new venture (c) joint venture (d) divestiture (e) merger
Which of the following is NOT consistent with maximizing stockholder wealth? (a) Increasing product quality (b) Increasing productivity (c) Maximizing the growth rate (d) Reducing capital costs (e) Maximizing the company's return on investment (ROI)
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