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Exam 10: The Organization of Global Business

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Question 1

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Scenario - Mirkhani Mining Supplies Mirkhani Mining Supplies is the industry leader in the production of underground mining equipment.The company has its headquarters in South Africa and has been in operation there since its inception in 1987.Mirkhani is known worldwide for the safety features it incorporates in its equipment.This company conducts its operations with the safety of the underground miner as its guiding objective. Mirkhani Mining was recently called in to respond to the latest mine accident in China.Mirkhani not only provides safe mining equipment,it also makes superior mine rescue equipment.The company will be receiving a global award for freely rendering the use of its rescue equipment to China during a mine collapse.Mirkhani Mining Supplies will be recognized around the globe as saving the lives of forty underground miners in China.The company states,"Saving those lives is better than receiving a billion dollars for mining machinery." -Which of the following structure type best identifies the structure Mirkhani Mining Supplies would be using if it grouped its products and services into separate divisions based on the needs of different areas served by the company?

A) Matrix structure
B) Hybrid structure
C) Globalized structure
D) Market structure
E) Geographical region structure

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Question 2

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The formal system of task and authority relationships that control how people coordinate their actions and use resources to achieve organizational goals is referred to as the _______.

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Question 3

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Scenario - Windmere Technologies Windmere Technologies has been in operation since 1984.Today,Windmere is actually considered to be a globally-based firm with corporate offices in thirteen foreign nations.There is not one office of this company with higher authority or more decision making power than any other of the thirteen in operation.Windmere Technologies is recognized as a business leader in all thirteen nations in which it has corporate offices.According to the CEO of the company,"Windmere considers the world to be its home base." The management has done a good job of creating its organizational structure where people are grouped simultaneously by function and by division. Windmere is best known for its work in creating alternative energy sources.As this is of vital concern to all nations of the world today,Windmere's ideas and products are welcomed by all nations.This business takes in revenues in excess of $8 billion per year and expects it to substantially increase in the future. -Which one of the following best describes Windmere Technologies claim that the world is its home base?

The geographic region structure is sometimes referred to as _________ structure.

Of the following,which is NOT a disadvantage of an international division?

Scenario - Windmere Technologies Windmere Technologies has been in operation since 1984.Today,Windmere is actually considered to be a globally-based firm with corporate offices in thirteen foreign nations.There is not one office of this company with higher authority or more decision making power than any other of the thirteen in operation.Windmere Technologies is recognized as a business leader in all thirteen nations in which it has corporate offices.According to the CEO of the company,"Windmere considers the world to be its home base." The management has done a good job of creating its organizational structure where people are grouped simultaneously by function and by division. Windmere is best known for its work in creating alternative energy sources.As this is of vital concern to all nations of the world today,Windmere's ideas and products are welcomed by all nations.This business takes in revenues in excess of $8 billion per year and expects it to substantially increase in the future. -Which one of the following would Windmere Technologies not claim as a purpose of its organizational structure?

Of the following,which is NOT an advantage of an international division?

______ structures are used only by companies that depend upon rapid product development for their survival.

Under a matrix structure,the functional managers and the divisional managers have equal authority within the organization.

The initial step toward globalization is ______.

A product structure is one where an organization:

Scenario - Windmere Technologies Windmere Technologies has been in operation since 1984.Today,Windmere is actually considered to be a globally-based firm with corporate offices in thirteen foreign nations.There is not one office of this company with higher authority or more decision making power than any other of the thirteen in operation.Windmere Technologies is recognized as a business leader in all thirteen nations in which it has corporate offices.According to the CEO of the company,"Windmere considers the world to be its home base." The management has done a good job of creating its organizational structure where people are grouped simultaneously by function and by division. Windmere is best known for its work in creating alternative energy sources.As this is of vital concern to all nations of the world today,Windmere's ideas and products are welcomed by all nations.This business takes in revenues in excess of $8 billion per year and expects it to substantially increase in the future. -Which one of the following organizational structures best identifies the one currently used by Windmere Technologies?

According to the text,ConocoPhillips placed their ethics office in which part of the organization structure?

A(n)______ is a business subunit that consists of a collection of functions or departments that share responsibility for producing a particular product or service.

A defense contractor may need deep functional skills as well as the ability to coordinate across the functions for each contract or project.This contractor ought to use a _____ structure.

Scenario - Mirkhani Mining Supplies Mirkhani Mining Supplies is the industry leader in the production of underground mining equipment.The company has its headquarters in South Africa and has been in operation there since its inception in 1987.Mirkhani is known worldwide for the safety features it incorporates in its equipment.This company conducts its operations with the safety of the underground miner as its guiding objective. Mirkhani Mining was recently called in to respond to the latest mine accident in China.Mirkhani not only provides safe mining equipment,it also makes superior mine rescue equipment.The company will be receiving a global award for freely rendering the use of its rescue equipment to China during a mine collapse.Mirkhani Mining Supplies will be recognized around the globe as saving the lives of forty underground miners in China.The company states,"Saving those lives is better than receiving a billion dollars for mining machinery." -All of the following characteristics would be seen if Mirkhani Mining Supplies was considered a stateless corporation except which one?

Lenovo,the Chinese computer manufacturer,is a corporation where it is difficult to identify one country as the home country.Lenovo can be described as a _____ corporation.

A basic problem of the _____ structure is it is difficult to determine the responsibility and authority relationships between the functional and divisional managers.

The primary advantage of the divisional structure is that it has very low operating and managing costs.

While many major corporations have a global presence,stateless corporations are different because they _____.