Firms that pursue a(n) ________ strategy create value by transferring core competencies from the home market to foreign markets in which local rivals lack a competitive alternative.
A) transnational
B) multidomestic
C) global
D) international
Question 2In a short essay, explain the purpose of positioning. How does a global positioning strategy assist firms participating in international business? Provide examples of firms that have positioned their products or services.
What will be an ideal response?
Question 3People who are empowered commonly share several beliefs. These beliefs include all of the following except _____.
a. The belief that their job is meaningful
b. The belief that they are competent at their job
c. The belief that someone else will largely regulate their behaviors
d. The belief that they can influence the work environment
Question 4EEO laws require nondiscriminatory selection procedures for protected groups.
Indicate whether this statement is true or false.
Question 5A virtual organization is ________ of a traditional vertical hierarchy.
A) an elaboration
B) the antithesis
C) the latest interpretation
D) a selective application
Question 6From studying the Denison model, you know that it is important to communicate a clear and engaging mission to your employees. Which of the following behaviors will help you to do this?
a. communicating the organization's long term strategies to employees
b. tracking employee progress against goals
c. helping employees see how the organization will look in the future
d. all of the above
Question 7For over 40 years, Golden Creamery has been mixing up fresh, gourmet ice cream for customers. The company originated in Dallas and now boasts stores in 35 states. The business has primarily expanded by selling franchises to qualified candidates.
Golden Creamery executives realize that the firm's success depends upon the success of each franchise. In the past, each individual franchise owner determined the best method for screening applicants. However, as the firm grows, Golden Creamery executives want to standardize the hiring process by requiring all franchisees to use the same preemployment tests.
Which of the following best supports the argument that Golden Creamery should use a certified psychologist to develop preemployment tests?
A) Golden Creamery needs to comply with all federal and state laws.
B) Golden Creamery competitors use psychologists for test development.
C) Golden Creamery strives to create a conscientious organizational culture.
D) Golden Creamery needs to ensure that tests are legally and ethically appropriate.
Question 8When the pressure for global integration is high and the pressure for local responsiveness is low, a company is most likely to pursue a(n) ________ strategy.
A) global
B) transnational
C) multidomestic
D) international