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Author Question: The Southern Cone Common Market (MERCOSUR) is looking North, at NAFTA, for trade and cooperation ... (Read 86 times)

JMatthes

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on: Jun 29, 2018
The Southern Cone Common Market (MERCOSUR) is looking North, at NAFTA, for trade and cooperation accords.
 
 Indicate whether the statement is true or false

Question 2

Whirlpool changed from a product division structure to a matrix structure.
 
 Indicate whether the statement is true or false


Dominic

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Reply #1 on: Jun 29, 2018
Answer to Question 1

F
Initially, MERCOSUR was expected to look North, at NAFTA, for trade and cooperation accords; surprisingly, they have opted to first approach the European Union. This may be found in the Common Markets section (4-2d).

Answer to Question 2

T
Whirlpool initially had a product division structure. The company replaced it with the matrix structure. This is a common trend for multinational firms. This may be found in The Product Division Structure section (17-2c).


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