This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a short essay, explain the benefits of a multidomestic strategy to firm internationalization. ... (Read 55 times)

melly21297

  • Hero Member
  • *****
  • Posts: 565
on: Jul 7, 2018
In a short essay, explain the benefits of a multidomestic strategy to firm internationalizatio n. What are some of the disadvantages to this approach?
 
  What will be an ideal response?

Question 2

In a short essay, describe the concept of a global matrix structure. How is it implemented by firms?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 7, 2018
Answer to Question 1

Great help.

Answer to Question 2

A global matrix structure is a combination of the geographic area, product, and functional structures that seeks to leverage the benefits of global strategy and responsiveness to local needs. To make it work, headquarters management should simultaneously: 1. coordinate and control international operations; 2. respond to needs in individual countries; and 3. maximize interorganizational learning and knowledge sharing among the firm's units worldwide.

By using the global matrix structure, which is closely associated with transnational strategy, managerial responsibility for each product is shared by each product unit and the particular geographic areas of the firm. Thus, firms develop a dual reporting system in which, for example, an employee in a foreign subsidiary reports to two managersthe local subsidiary general manager and the corporate product division manager. The manager working in this structure shares decision making with other managers, wherever they may be, to achieve best practice for the firm's operations worldwide.


melly21297

  • Member
  • Posts: 565
Reply 2 on: Jul 7, 2018
Excellent

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Among the health benefits of marriage is a longer life. Among the health benefits of marriage is a longer life.
Writing can lead to psychological benefits Writing can lead to psychological benefits
Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ... Explain the assumptions that must be satisfied in order to validly use the one-way ANOVA ...
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: Role of the respiratory system - effect of altered ventilation rates

For a complete list of videos, visit our video library