A corporation drops its organizational structure based on countries and reorganizes into industry groups. This is an example of the company becoming a(n) ________.
A) ethnocentric company
B) polycentric organization
C) borderless organization
D) global company
Question 2Multidomestic corporations ________.
A) maintain operations in multiple countries, but do not allow managers in each country to make their own decisions
B) reflect ethnocentric attitudes
C) decentralize management and other decisions to the local country
D) attempt to replicate their domestic successes by managing foreign operations from the home country
Question 3Multidomestic corporations reflect the ________.
A) ethnocentric attitude
B) polycentric attitude
C) geocentric attitude
D) xenophobic attitude
Question 4Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?
A) borderless organization
B) global company
C) multidomestic corporation
D) transnational organization
Question 5Which of the following is a feature of a multidomestic corporation?
A) all decisions are made in the home country
B) reflects an ethnocentric attitude
C) eliminates artificial geographic borders
D) has a decentralized management
Question 6According to the text, which of the following is a typical definition of a multinational corporation?
A) It is a company that maintains operations in multiple countries.
B) It is a company that maintains franchises in multiple countries.
C) It is a company that has multiple home bases and manufacturing plants.
D) It is a company that pays corporate taxes in at least two countries.
Question 7The ________ decentralizes its management and other decisions to the local country.
A) multidomestic corporation
B) global company
C) transnational organization
D) borderless organization
Question 8What is the World Bank Group and what does it do?
What will be an ideal response?
Question 9What is the International Monetary Fund? What does it do?
What will be an ideal response?