CHAPTER 4 ENTRY AND EXPANSION

Which of the following is a common organizational design structure in international business?

• Sole Proprietorship

• Matrix organizations

• Limited Liability Partnership

• Franchise

What type of global corporate form is structured by product categories?

• Global corporate form – Function

• Global corporate form – Product

• Global corporate form – Geographic regions

• Global corporate form – Divisional

Global corporate form based on geographic regions is primarily used for:

• Streamlining manufacturing

• Catering to local market needs

• Global marketing

• Technology innovation

Which of the following is a characteristic of a matrix organization?

• Single reporting structure

• Cross-functional collaboration

• Localized decision-making

• Centralized authority

Which type of firm focuses on adapting products to each local market it operates in?

• Multinational firm

• Transnational firm

• Global firm

• Multidomestic firm

What is the primary focus of a global firm?

• Adapting to each local market

• Maintaining a consistent global product offering

• Operating in limited geographic regions

• Delegating authority to local managers

Which type of firm combines both local responsiveness and global integration?

• Transnational firm

• Multidomestic firm

• Global firm

• International firm

A multinational firm:

• Operates exclusively in its home country

• Has no central headquarters

• Adapts products for different countries

• Offers the same product globally

Which term refers to a company that operates in multiple countries but has a centralized management structure?

• Multinational firm

• Global firm

• Multidomestic firm

• Transnational firm

What is one key feature of Small and Medium-Sized International Enterprises (SMIEs)?

• They dominate global markets

• They operate in niche markets internationally

• They are exempt from international regulations

• They prioritize sustainability