In general, decentralized decision making is common for some functions such as ________.
A) finance
B) research and development
C) production
D) strategic management
Question 2
The best organizational structure is the one that ________.
A) does not allow any compromise on the globalization-localization continuum
B) upholds the status quo
C) actively resists organizational change
D) facilitates the firm's goals and is appropriate to its industry, size, technology, and competitive environment
Question 3
France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics. Thomson owns 33 and TCL owns the remaining 67 of TCL-Thomson Electronics. This is best described as a(n) ________.
A) turnkey operation
B) acquisition
C) international licensing agreement
D) equity strategic alliance
