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Scenario A

question 116

Multiple Choice

Scenario A. Suppose you are a consultant for three companies with international operations. Each of them has selected a different global strategy. Alpha Company uses their established skills in producing widgets which they will sell in foreign markets. Beta Company produces locally-targeted wines for which they have built specialized plants in each local region. Gamma Company has a single worldwide corporate headquarters from which they centrally manage the entire company's operations. Finally, Delta company is located in Wazomia where wages are quite low, and produces large pieces of widgets that are fairly easy to manufacture, requiring little employee skill level. These pieces are then sent to its locations abroad to be finished by a more skilled workforce taking into account the customs and benefits desired by each of those particular populations.
-Which global strategy is Gamma Company using?

Distinguish between express and implied warranties, and understand their implications in sales contracts.

Comprehend the legal principles governing the shipment and delivery of goods, including the responsibilities of carriers.

Understand the concept of liquidated damages and when they are enforceable under the UCC.

Identify the criteria for the enforcement of specific performance as a remedy.

Definitions:

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on policies and systems to improve employee performance and satisfaction.

Management Turnover

The rate at which an organization's management staff leaves and is replaced over a specific period.

Perceptual Errors

Mistakes in judgment that arise from incorrect interpretation of sensory information.

African-Americans

A cultural and ethnic group in the United States consisting of individuals with origins in the black racial groups of Africa.