Any organization that maintains operations in more than one country
What is a multinational corporation (MNC)?
A deliberate arrangement of people to accomplish some specific purpose
What is an organization?
The basic functions of management.
What are planning, organizing, leading, and controlling?
A external and internal analyses of a company's position.
What is a SWOT Analysis?
Decision making begins with this.
What is identifying the problem?
A company that eliminates geographical boundaries.
What is a transnational corporation?
Types of managers who are responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.
What are top managers?
This management function includes determining who does what tasks.
What is organizing?
This component of an organization's external environment is concerned with interest rates and employment levels.
What is economic?
A tendency to view the world through a single perspective
What is parochialism?
Joint ventures are a type of these.
What is a strategic alliance?
A first-line manager is also know as a...
What is a supervisor?
This management function includes defining goals, mapping out strategy, and making decisions.
What is planning?
This component of an organization’s external environment is concerned with scientific and industrial innovations.
What is technological?
Top managers in an organization tend to make these kinds of decisions.
What is nonprogrammed decisions?
The most important environmental force that affects HRM.
What is the legal environment?
This level of management would be more concerned with designing the overall structure of an organization.
What is top management?
This management function includes monitoring to see that tasks are accomplished.
What is controlling?
The study of population characteristics.
What is demographics?
Reflects the degree to which decision making is distributed throughout the hierarchy rather than concentrated at the top.
What is decentralization?
When a U.S. ship yard purchases raw materials from locations around the world, for example steel from China.
What is global sourcing?
Organizational culture is perceived, descriptive, and ______.
The first step in the six-step strategic management process.
What is to identify the organization's mission?
The amount of change and complexity in an organization's external environment
What is environmental uncertainty?
Experts predict that these two countries will be larger than the developed countries of the world by year 2050.
What is India and China?