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Identify the four basic strategies that MNCs use and the situations in which they are used Basic Strategies A multinational company adopts an international strategy as per the global integration and local market responsiveness levels (Richard Hodgetts, 2006). There are …
What is communication? What is the key to effective communication? Communication A movement of a message, with clear meaning, from sender to receiver is known as communication (Richard Hodgetts, 2006). Communication plays a pivotal role in the organizational internal and …
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Question 1 Statistics reveal that foreign direct investment (FDI) has grown ten times faster than trade and twice as fast as the world gross domestic product. Select one: True False Feedback Statistics reveal that FDI has grown three times faster …
What are two main concerns that MNCs should evaluate when doing business in Russia. According to Transparency international corruption perception index 2016, Russia is at 131 position among 173 countries (e.V., 2017). Therefore, multinational corporations must evaluate their strategies to …
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Question 1 Samsung outsources the majority of its production processes. Select one: True False Feedback The correct answer is ‘False’. Question 2 Correct 1.00 points out of 1.00 Flag question Question text 2 Which of the following correctly matches a firm’s …
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Volkswagon’s Comeback: Aligning Strategy and Structure Which organizational structure described in chapter 9 does Volkswagen’s “customer oriented” structure most closely resemble? The definition of a global product division fits to the organizational structure of Volkswagen’s customer oriented structure. In a …
Anti-globalization activists: Select one: Contend that even within the developing world, it is protectionist policies, not trade and investment liberalization, that result in environmental and social damage Believe globalization will force higher-polluting countries such as China and Russia into an …
Discuss findings of Hofstede and Andre Laurent about the relationship between national and organizational culture. There is a widespread belief that organizational culture tends to moderate or erase the impact of national culture. The logic of such conventional wisdom is …
Differences between the four strategic dispositions Describe the differences between the four strategic dispositions. What is the principle advantage of each disposition? The four strategic arrangements are ethnocentric, polycentric, regiocentric and geocentric. Ethnocentric allows the values and interests of the …
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Describe the term culture. Is culture one thing or are there many dimensions to culture? Culture is acquired knowledge that people use to interpret experience and generate social behavior. Culture also has the characteristics of being learned, shared, transgenerational, symbolic, …
Describe the term culture. Is culture one thing or are there many dimensions to culture? Read more »