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Strategy
IT
Implementing A Multidivisional Structure
Entry Mode & Implementation
100
A division that contains a full set of the value chain functions it needs to pursue its industry business model is called a ______________________.
What is self-contained
100
When a company pursues a localization strategy, it generally operates with a __________.
What is global-area structure?
100
Name of advantage of information technology
What is IT provides a common software platform that can make it much less problematic for divisions to share information and knowledge and obtain the benefits from leveraging their competencies
100
Vertical Integration is more _______ and a more ________ strategy
What is complex, expensive
100
This is what occurs when 2 companies agree to pool resources and capabilities and establish a new business unit to develop a new product _________________________
What is joint venture
200
Responsible for overseeing the company’s long-term multi- business model and providing guidance for interdivisional projects is known as
What is strategic responsibility
200
How many basic strategies are there for a company to choose from in order for them to decide how to market their products abroad? ________________________
What is four
200
What does IT stand for
Information technology
200
Corporate managers need to carefully control their interactions with ___________ managers.
What is divisional
200
This is the cluster of different companies whose actions are coordinated by contracts and outsourcing agreements rather than by a formal hierarchy of authority ___________________________
What is network structure
300
A multidivisional structure has _______________ design advantages over a functional or product structure that allows a company to reduce the coordination and control problems that are inevitable when it enters and competes in new industries.
What is two organizational
300
In general, the choice of structure and control systems for managing a global business is a function of ______ factors
What is three
300
Describe the role of information technology?
What is the expanding use of IT is increasing the advantages and reducing the problems associated with implementing a multi-business model effectively because it facilitates output control, behavior control, and integration between divisions and among division sand corporate headquarters.
300
Transfer Pricing is referred to as the problem of establishing the fair or ________________ price of a resource or skill developed in one division that is to be transferred and sold to another division.
What is competitive
300
A market in an industry specific to trading network established to connect buyers and sellers through Internet to lower costs. This is an example of ___________________
What is business to business
400
Name an advantage of a multidivisional structure
What is Enhanced Financial Control Enhanced Strategic Control Stronger Pursuit of Internal Efficiency
400
Organizational Culture is not important in what strategy? _______________________
What is localizations strategy?
400
Does IT make it harder, easier, or both when implementing strategy? Justify your answer
What is both. Because it provides both corporate and divisional managers with more and better information, it makes it easier for corpo- rate managers to decentralize control to divisional managers and yet react quickly, if the need arises. IT can also make it more difficult to distort information and hide bad news because divisional managers must provide standardized information that can be compared across divisions
400
Related Diversification has _______ of organization culture, while unrelated diversification has _______ of organization culture.
What is great use, little use
400
Managers who pioneer and lead new venture projects or divisions and acts as inside or internal entrepreneurs. This is the definition of ________________________
What is intrapreneurs
500
The day-to-day operations of each division are the responsibility of divisional management, called ________________________.
What is operating responsibilities
500
What kind of strategy is focused so that it can achieve local responsiveness and cost reduction. Some functions are centralized; others are decentralized at the global location best suited to achieving these objectives?
What is transitional strategy
500
Name a disadvantage of IT when implementing a strategy?
What is IT can also make it more difficult to distort information and hide bad news because divisional managers must provide standardized information that can be compared across divisions
500
Unrelated Diversification operates its business as ____________________________
What is portfolio of investments
500
Outsourcing promotes ____________ , reducing costs, and increasing flexibility
What is differentiation