Globalization Chapter 10
Made possible by advances in telecommunications.
What is globalization?
This is what C stands for in the CAGE framework.
What is cultural?
A high degree of specialization indicates this.
What is a larger firm?
Shared values and norms of an organization's members.
What is organizational culture?
Foreign direct investment is one of these.
What is a global strategy?
This is what E stands for in the CAGE distance framework.
What is economic?
Slower decision making is an indication of this.
What is a con of formalization?
Organizational cultures often come from these sources.
What is the founders?
Companies can operate 24/7, 365 day a year.
What is Globalization 3.0?
Infrastructure is one of these in the CAGE framework.
What is geographic distance?
Top-down strategic planning takes place in this type of organization.
What is a Centralized Organization?
This type of motivation is highest when an employee has autonomy and purpose.
What is intrinsic?
Accessing lower cost inputs is one of these
What is an advantage of International Expansion?
Exporting is one of the modes of this.
What is Foreign-Market Entry?
Flat organizational structure indicates this type of organization.
What is an Organic Organization?
Culture can help a firm's competitive advantage if it passes this.
What is the VRIO model?
Loss of intellectual property is one of these
What is a disadvantage of International Expansion?
A company sells the same products or services in domestic and foreign markets.
What is International Strategy?
This structure works when a firm has a narrow focus and small geographic footprint.
What is a functional strategy?
Products developed internally indicate this type of innovation.
What is closed innovation?