What Is the Best Way to Achieve the Efficiency Potential

question 14

Multiple Choice

What is the best way to achieve the efficiency potential of a global strategy?

• A) It demands managerial attention to be focused on objective-setting specifically oriented toward production practices.
• B) It requires that resources and best practices be shared, value chain activities be integrated, and capabilities be transferred from one location to another as they are developed.
• C) It requires that the best identified resources and capabilities be centralized at headquarters.
• D) It requires value chain activities to be dispersed across many countries to elevate cost control management as a primary focus in all countries.
• E) It requires giving local managers considerable latitude for executing strategies for the country markets they are responsible for.

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Definitions:

Legitimate Power

A form of authority that is recognized and accepted by others due to the position or role held by an individual within an organization or society.

Open Social Influence

This involves the impact that the visible actions, preferences, or opinions of others have on an individual's behavior, often leading to conformity or change in beliefs.

Two-sided Messages

Messages that present both the positive and negative aspects of an argument to persuade an audience more effectively.

Persuasion

The process of convincing others to change their attitudes, beliefs, or behaviors through argument, appeal, or explanation.