Describe the Characteristics You Would Expect to See in a Multinational

question 36

Essay

Describe the characteristics you would expect to see in a multinational firm with a polycentric staffing philosophy.

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Definitions:

Response

A set of values related to rapid, flexible, and reliable performance.

Differentiation

The process of distinguishing a product or service from competitors to make it more attractive to a particular target market.

Backward Integration

A business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain, often including the acquisition of or merger with suppliers.

Keiretsus

A Japanese term for a group of affiliated companies that form a tight-knit alliance to work toward mutual business goals.