Parker Industries manufactures and sells a variety of goods including carpeting, power tools, and wallpaper. Which form of organization would most like be appropriate for Parker Industries?
A) global product design
B) global functional design
C) global matrix design
D) global hybrid design
Question 2
Scale Systems, an MNE, analyzes the needs of its customers worldwide and then adopts standardized operations for all markets that the firm serves. Which of the following is most likely used by Scale Systems?
A) ethnocentric approach
B) polycentric approach
C) geocentric approach
D) transnational approach
Question 3
Functional knowledge refers to the idea that managers must ________.
A) understand the cultural, commercial, social, and economic conditions in each host country in which the firm does business
B) be aware of the competitive forces that have implications for global strategy in each market
C) comprehend features such as technological trends, customers needs, and competitive forces affecting the goods the firm produces
D) have access to coworkers with expertise in basic business functions such as production, marketing, finance, accounting, human resources management, and information technology
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Bakeshop Tools and Equipment