Which of the Following Describes the Strategic Orientation of a Multinational

question 15

Multiple Choice

Which of the following describes the strategic orientation of a multinational company?

• A) focused on developing global efficiency, flexibility and worldwide learning capability simultaneously.
• B) focused on exploiting parent company knowledge and capabilities through worldwide diffusion and adaptation.
• C) focused on building cost advantages through centralized, global scale operations.
• D) focused on building flexibility to respond to national differences through strong, resourceful and entrepreneurial national operations.

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Definitions:

Gross Margin

The difference between sales revenue and the cost of goods sold before deduction of selling, general, and administrative expenses.

Job-Order Costing

A costing method that accumulates costs based on individual jobs or orders, suitable for businesses producing unique or custom products.

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead to individual jobs or products based on a consistent basis such as labor hours or machine hours.

Automated Jointer

A machine used in woodworking that automatically joints or planes the edges of wood stocks to prepare them for gluing or assembly.