Assume That You Are a Consultant for a Telecom Giant

question 64

Essay

Assume that you are a consultant for a telecom giant based in the United States that wishes to create a joint venture with a Chinese electronics company. The joint venture is expected to enter and compete in the eastern European market. Suggest an organizational structure that would be most suitable for this joint venture. Also, comment on why the structure might be a good one to use.

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Definitions:

Types Of Plans

Various structured documents or strategies to achieve short-term tasks or long-term goals, often differing in scope, duration, and detail.

Managers

Individuals who orchestrate and oversee the operations and employees within an organization to ensure that goals are met effectively and efficiently.

Management By Objectives (MBO)

A management model that focuses on setting clear, measurable goals agreed upon by both management and employees, with progress evaluated periodically.

Reviewing Performance

The process of formally assessing an individual's job performance over a given period, typically to inform decisions on promotions, pay raises, and developmental needs.