When the Company Is at the Internationalization Stage of Strategic

question 3

Multiple Choice

When the company is at the internationalization stage of strategic expansion and has a centralized structure, it will likely use a(n) ________ staffing approach to fill key managerial positions with PCNs.

• A)polycentric
• B)regiocentric
• C)global
• D)ethnocentric

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Definitions:

Production Function

A mathematical model that describes the relationship between inputs used in production and the output of goods or services.

Technically Feasible

A term describing any production process, product, or innovation that can be accomplished with current technology and methodology.

Production Plan

A detailed outline of what products a business will make, the resources required, and the timeline for producing them.

Labor

Human labor, including both cognitive and physical activities, employed in the manufacture of products and provision of services.