Since Country Risk Is Constantly Changing and Events in Other

question 57

True/False

Since country risk is constantly changing and events in other parts of the world are largely unpredictable, country risk analysis is not important for MNCs.

Recognize the impact of organizational size, technology, and environment on organizational design.

Identify the contingencies that influence the choice of an organizational structure.

Explain the concepts of job specialization, coordination, standardization, and formalization in organizational design.

Describe the conditions under which a matrix structure is effective and its potential for conflict.

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Definitions:

Environmental Opportunities

Situations or conditions in the external environment that an organization can leverage for its strategic advantage.

Organisational Strengths

The unique capabilities or advantages that distinguish an organization and contribute to its performance and success.

Strategic Objectives

Goals set by an organization to guide its future direction and achieve long-term success.

Performance Results

The outcomes or achievements resulting from the actions or efforts of an individual or organization.