Identify and State the Historical Significance of 100^th Meridian

question 27

Essay

Identify and state the historical significance of 100^th Meridian.

Recognize the role and impact of technology and information systems in organizational performance.

Describe the dynamics of global organizational structures and designs, including network and virtual organizations.

Understand the concept of organizational design and factors influencing its choice.

Identify different organizational structures and their characteristics.

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Definitions:

Globalization

Refers to the processes by which goods, services, capital, people, information, and ideas flow across national borders.

Big Mac Index

An informal measure of purchasing power parity between two currencies, comparing the price of a Big Mac in different countries.

Global Product Strategy

A strategy that involves developing and selling products with global appeal, often with minor adjustments to cater to local tastes or requirements.

Kentucky Fried Chicken

An international fast food franchise known for its fried chicken; often abbreviated as KFC.