Explain How the Strategic Role of Foreign Factories Evolves Over

question 103

Essay

Explain how the strategic role of foreign factories evolves over time.

Identify the unique approaches of teams to strategy and goal setting.

Understand the differentiation between quantitative and qualitative goal assessments.

Differentiate between various compensation programs and their objectives.

Acknowledge the importance of designing and tracking the effectiveness of compensation programs.

---

Definitions:

Capabilities

The combination of skills, resources, and abilities that an organization possesses to perform its functions effectively.

External Environmental Supply

Pertains to the external sourcing of resources or inputs that a company needs from its external environment to operate effectively.

Human Capital

The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or the community.

Management Inventories

Tools or databases that track managerial skills and capabilities within an organization to aid in strategic planning and deployment.