WorksheetsTopic 9 - International Strategy and Organisation
Total questions: 15
Worksheet time: 8mins
What is a mission statement?
A list of products a company sells
A detailed financial plan for the company
A written statement of why a company exists and what it plans to accomplish
A legal document required for international expansion
Which of the following is a corporate-level strategy?
Cost leadership
Differentiation
Growth through diversification
Local responsiveness
What is the main focus of value-chain analysis?
Identifying weaknesses in financial reporting
Analyzing and identifying a company’s unique abilities
Studying international taxation policies
Reviewing government regulations
Which strategy involves adapting products and marketing to fit local market preferences?
Global strategy
Multidomestic strategy
Cost leadership strategy
Vertical integration
What is the primary benefit of a global strategy?
It allows companies to customize products for different markets
It increases cost savings through standardization
It gives complete control to local managers
It avoids competition in international markets
Which factor does NOT typically influence international strategy formulation?
Political and legal systems
Climate conditions
National holidays
Consumer preferences
What is the key characteristic of centralized decision-making?
Decisions are made at local subsidiary levels
Improves local responsiveness
Reduces flexibility in adapting to local markets
Ensures financial control and cost savings
Which type of organizational structure focuses on separating domestic and international operations?
Global matrix structure
International division structure
International area structure
Global product structure
What is a drawback of the international area structure?
It limits adaptation to local markets
It causes inefficient resource allocation due to independent units
It prevents local managers from making decisions
It reduces company-wide coordination
Which structure is best suited for companies that sell a diverse set of products internationally?
International division structure
International area structure
Global product structure
Global matrix structure
What is a major advantage of the global matrix structure?
Increases flexibility and local responsiveness
Simplifies decision-making
Eliminates the need for local managers
Reduces operational costs significantly
Which of the following is a major disadvantage of the global matrix structure?
Lack of coordination among product divisions
Overlapping roles and slow decision-making
Limited international expansion opportunities
Lack of specialization
What is the main goal of work teams in international organizations?
Reducing employee turnover
Enhancing coordination and problem-solving across international units
Limiting employee responsibilities
Increasing competition among employees
Which of the following is an example of decentralized decision-making?
A company making all major decisions at headquarters
Local managers having authority to make decisions based on market conditions
A company standardizing all products across markets
A business relying solely on top-level management for operational decisions
Which of the following is a disadvantage of a multidomestic strategy?
High costs due to lack of economies of scale
Inability to adapt to local preferences
High risk of intellectual property theft
Limited competition in international markets
