Describe a Global Matrix Structure

question 35

Essay

Describe a global matrix structure. Why do firms use it?

---

Definitions:

Market Regulations

Rules set by a governing authority to control and monitor the fairness and standardization of trade and business practices.

Cultural Hybrids

Entities or concepts that emerge from the blending or fusion of two or more different cultures, traditions, or ideas.

Cultural Imperialism

The dominance of one culture over another, often through media and global capitalism, leading to cultural homogenization.

Transnational Expansion

involves the growth or extension of organizations, ideologies, or movements beyond national boundaries, often leading to increased global interconnectivity.