Global Management

What is the purpose of conducting a company analysis?

• To evaluate the financial health, performance, and overall position of a company.

• To assess the political landscape of the company's industry

• To analyze the nutritional content of the company's products

• To determine the weather forecast for the company's location

Explain the difference between corporate-level and business-level strategy formulation.

• Corporate-level strategy focuses on individual employees, while business-level strategy focuses on the overall organization.

• Corporate-level strategy is only relevant for small businesses, while business-level strategy is for large corporations.

• Corporate-level strategy is about the organization as a whole, while business-level strategy is about specific business units or product lines.

• Corporate-level strategy deals with short-term goals, while business-level strategy focuses on long-term objectives.

What are the advantages of a functional organizational structure?

• Flexible decision-making

• Clear career paths, specialized expertise, efficient decision-making, better coordination among departments

• Inefficient communication channels

• Limited career growth opportunities

Describe the matrix organizational structure and its benefits.

• The matrix organizational structure is rigid and limits adaptability.

• The matrix organizational structure leads to confusion and inefficiency in decision-making.

• The matrix organizational structure is solely focused on hierarchy and lacks collaboration.

• The matrix organizational structure combines functional and projectized structures, enhancing communication, flexibility, and resource allocation.

How does a divisional organizational structure differ from a functional structure?

• Divisional structure groups by roles/functions, while functional structure groups by products/services/markets.

• Divisional structure groups by products/services/markets, while functional structure groups by roles/functions.

• Divisional structure has a flat hierarchy, while functional structure has a matrix hierarchy.

• Divisional structure focuses on efficiency, while functional structure focuses on innovation.

What is the role of SWOT analysis in strategy formulation?

• SWOT analysis is irrelevant in strategy formulation

• SWOT analysis is a one-time process with no ongoing relevance

• SWOT analysis assists in understanding the current position of a business and guides in formulating strategies based on that assessment.

• SWOT analysis is only used for marketing purposes

Discuss the concept of competitive advantage in the context of global management.

• Competitive advantage in global management is the ability of a company to outperform its competitors in the international market by leveraging unique strengths and capabilities.

• Competitive advantage only applies to local markets

• Competitive advantage is irrelevant in global management

• Competitive advantage is solely based on price in global management

Which is not the Competitive forces model (Porter’s 5 forces) ?

• Supplier power

• Buyer's power

• Mission statement

• Competitive rivalry

Astro company is having _______ types organizational structure.

• Flat

• Hierarchichal

• Matrix

• Network

What are the characteristics of a network organizational structure?

• Flat organizational structure, strict communication protocols, segmented teams

• Decentralized decision-making, flexible communication channels, interconnected teams or departments

• Centralized decision-making, rigid communication channels, isolated teams or departments

• Hierarchical structure, limited communication channels, independent departments