The Global Product Division Structure Seeks to Balance Local Responsiveness

question 1

True/False

The global product division structure seeks to balance local responsiveness with efficiency while an MNE using a global matrix aims to provide the world with standardized products to reach their full market potential.

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Definitions:

Humanistic Potential

The inherent capacity for personal growth and achieving self-fulfillment, often emphasized in humanistic psychology.

Social-cognitive

Pertaining to the understanding of social interactions and the processing of social information through learning, observation, and cognition.

Cognitive Ability

The capacity to perform higher mental processes of reasoning, remembering, understanding, and problem solving.

Continuous Change

A process where variables or conditions evolve over time without abrupt interruptions.