Describe the Two Major Factors That Determine an International Firm's

question 57

Essay

Describe the two major factors that determine an international firm's strategy.

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Definitions:

Self-Directed Work Teams

Groups of employees who operate without traditional managerial oversight, assuming collective responsibility for tasks, decision-making, and problem-solving.

Team-Based Organizational Structures

are frameworks within organizations that emphasize teamwork, collaboration, and collective decision-making to achieve goals.

Divisionalized Structures

An organizational form where operations are segmented into semi-autonomous units or divisions, each with its own strategies and objectives.

Manufacturing Operations

The processes involved in the production of goods, encompassing everything from product design to fabrication, assembly, and quality control.