Business Questions

Kahlil heard on the news that the director and five of the top managers at the local furniture manufacturing facility had been fired by the new owner and more major changes would be coming to help revive the failing company. Which stage of organizational change is this company experiencing?unfreezingfreezingrefreezing

A global matrix structure is one of the Blank______ flexible structures available to a company.

Select all that applyWhat are two characteristics of an organization with an adaptive culture?Managers value people who create useful change.Managers care take deeply about all stakeholders.Managers are more focused on outcomes than processes.Managers are the sole decision makers.

The distribution of power within a company Blank______ help create organizational inertia.does notdoes

Which strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others?InternationalizationTransnationalLocalizationRegional

According to the text, what elements must a firm coordinate to achieve maximum performance?Organizational architecture, strategy, and its financial systemsRegulatory compliance, strategy, and its environmentOrganizational architecture, strategy, and its environmentOrganizational architecture, marketing mix, and its environment

Dividing an organization formally into subunits is called Blank______.

True or false: A worldwide area structure makes it easy to transfer core competencies and skills between areas.

Henri is attending a seminar paid for by his company. The seminar is designed to train attendees on the core values of the company. This seminar is an example of Blank______ socialization.

The superior profitability of a company is associated with an organizational architecture that matches and is consistent with the firm's Blank______.

True or false: In order to succeed, a firm's organizational architecture must be consistent with its strategy.TrueFalse

Select all that applyWhat are the three basic principles for successful organizational change?Refreeze the organization in its new stateMove the organization to a new state through a change in the architectureThaw all organizational tiesAdopt outside subunits to initiate changeUnfreeze the organization through shock therapy

Firms that follow a(n) Blank______ strategy maintain centralized control over the firm's core competencies, but decentralize most other operating decisions.matrixlocalizedglobal standardizationinternational

The strategy in which businesses centralize functions such as R&D and marketing functions, but decentralize operating decisions to subsidiaries is the Blank______ strategy.localizationglobal standardizationinternationalregional

The majority of operating decisions are made by the Blank______ for firms operating within a global standardization strategy.liaisonforeign intermediarycompany headquartersemployees

In which strategy would the level of performance ambiguity be at its highest?global standardizationdomesticlocalizationtransnational

Select all that applyWhat four mechanisms are used to maintain culture?sales forecastingaccounting practicesreward strategieshiring practicescommunication strategysocialization processes

Most firms that pursue a global standardization strategy would rely on a worldwide Blank______ division structure.areaproduct

The norms and value systems of a company make up the company's Blank______ and are a source of organizational inertia.

True or false: In a localization strategy, decision-making is centralized at headquarters because firms are not pressured for local responsiveness.TrueFalse