SOLVED

Scenario Glasco Hardware Co. is a multinational firm that manufacturers hardware components for companies like Dell, Sony, and Toshiba. Glasco has seen steady growth for the past 3 years and cites its decision to start manufacturing firms in developing nations as the primary reason for its steady growth, even during recession. 40) Which of the following statements, if true, would support the argument that Glasco implements a global business strategy? A) Glasco’s top managers have a global view and look for the best approaches and people regardless of origin. B) Glasco’s top managers have the view that employees in the host country know the best work approaches and practices for running their business. C) Glasco’s top managers believe that the best work approaches and practices are those of the home country. D) Glasco’s top managers view every foreign operation as different and hard to understand. E) Glasco’s top managers believe that decentralization is the ideal approach in todays dynamic environment. 41) Which of the following statements, if true, would imply that Glasco implements a multidomestic business strategy? A) Glasco’s top managers have a global view and look for the best approaches and people regardless of origin. B) Glasco’s top managers believe that people in foreign countries don’t have the needed skills, expertise, knowledge, or experience to make the best business decisions. C) Glasco’s top managers ignore others’ values and customs and rigidly apply an attitude of “ours is better than theirs”to foreign cultures. D) Glasco’s top managers believe that the best work approaches and practices are those of the home country. E) Glasco’s top managers have the view that employees in the host country know the best work approaches and practices for running their business. 42) Which of the following statements, if true, would support the argument that Glasco pursues a transnational business strategy? A) Glasco’s top managers believe that the best work approaches and practices are those of the home country. B) Glasco’s top managers have a global view and look for the best approaches and people regardless of origin. C) Glasco’s top managers are facing a problem that has arisen because of the lack of communication between its two subsidiaries. D) Glasco’s top managers believe that people in foreign countries don’t have the needed skills, expertise, knowledge, or experience to make the best business decisions. E) Glasco’s top managers ignore others’ values and customs and rigidly apply an attitude of “ours is better than theirs”to foreign cultures. 43) The ________ business strategy allows companies to leverage the flexibility offered by a decentralized organization while at the same time reaping economies of scale enjoyed by centralization. A) international B) global C) multidomestic D) transnational E) home-replication 44) Which of the following actions distinguish firms pursuing a transnational business strategy? A) responding to local challenges and opportunities quickly B) exerting strong control over its subsidiaries C) striking a balance between centralization and decentralization D) responding to global challenges and opportunities quickly E) standardizing product offerings to achieve economies of scale 45) Mystic, a Texas-based fashion apparel company with subsidiaries in more that 25 countries across the world, is one of the most recognized brands in the global and domestic markets. In a recent interview with The New York Times, the CEO and the spearhead of Mystic Co. Burt Swager said, “The secret of the company’s success is its ability to strike the right balance between centralization and decentralization.” Mystic Co. is a firm that successfully pursues a(n) ________ business strategy. A) global B) transnational C) home-replication D) multidomestic E) international 46) According to ________, the number of transistors that could be squeezed onto a silicon chip would double every 18 months. A) Metcalfe’s law B) Megan’s law C) Murphy’s law D) Moore’s law E) Ashby’s law 47) To deploy innovative information systems well, people in the organization must be willing to do whatever they can to bypass and eliminate internal bureaucracy, set aside political squabbles, and pull together for the common good. These requirements can be categorized as ________ requirements. A) process B) customer C) resource D) quality E) risk tolerance 48) Which of the following actions would fulfill the process requirements for the deployment of an innovative information system? A) hiring the necessary human capital B) finding system partners C) concentrating on economies of scale D) eliminating internal bureaucracy E) discouraging decentralization 49) Organizations deploying innovative information systems must have the human capital necessary to deploy the new systems. These requirements can be categorized as ________ requirements. A) resource B) process C) risk tolerance D) customer E) quality 50) Which of the following actions would fulfill the resource requirements for the deployment of an innovative information system? A) discouraging decentralization B) evaluating the risk tolerance of employees C) concentrating on economies of scale D) eliminating internal bureaucracy E) finding system partners