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IBM Entered into a Venture with the Chinese Railways Ministry

question 82

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IBM entered into a venture with the Chinese Railways Ministry that allowed IBM to set up a national network of IBM service centers in railway stations that has enabled IBM to ship computer parts via the railroad around the country within 24 hours. This venture was dubbed the _____.


Definitions:

Centralized Decision Making

Centralized Decision Making is a management structure where major decisions are made by a small group of individuals at the top of the organization, leading to quicker decision-making processes.

Cultural Diversity

Cultural diversity is the quality of diverse or different cultures, as opposed to monoculture, in a workplace or society.

Affirmative Action Policies

Measures taken by organizations to increase the employment opportunities of certain groups (e.g., minorities, women) to create a more diverse workplace.

Career Development

The process of managing life, learning, and work over the lifespan to progress in one’s job or career path.

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