In addition to strategy and structure, what are three other factors that are required to build a successful global firm? Explain your answer in a short essay.
What will be an ideal response?
Question 2How is compensation typically addressed in international licensing and franchising contracts? What basic issues should be addressed in such contracts?
What will be an ideal response?
Question 3With which of the following organizational structures does an employee at a foreign subsidiary report to both a local manager and a corporate manager?
A) global matrix structure
B) functional division structure
C) home replication structure
D) multidomestic structure
Question 4What is the meaning of motivation? Why is it important for an international manager to understand motivation?
What will be an ideal response?
Question 5Which of the following characteristics should the winning candidate most likely possess if Ace executives desire a CEO with a global mindset?
A) open-minded about diversity
B) pragmatic and assertive
C) fluent in two languages
D) experienced in world travel
Question 6During the interview, Dan states that he expects Ace to surpass the competition in two years if he becomes CEO. Which of the following traits does Dan most likely exhibit with his statement that might appeal to the board of directors?
A) commitment to the success of Ace
B) arrogance about his abilities to help Ace
C) global awareness and appreciation
D) wariness about Ace's competitors
Question 7What is the difference between international licensing and international franchising? What are the advantages of each entry mode?
What will be an ideal response?
Question 8During the interview, Tanya describes her idea of expanding the Ace line into maternity clothes to draw in expecting mothers. Which of the following traits of a visionary leader is Tanya most likely exhibiting?
A) global mindset
B) commitment to resources
C) global strategic vision
D) investment in employees
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