Organizational Design

question 145

Multiple Choice

Organizational design

• A) is a process that deals with how an international business should be organized to ensure that its business activities are integrated globally.
• B) is not concerned with the size of an organization or the complexity of its business operations.
• C) must remain stable over time to enable the organization to create and exploit competitive advantage.
• D) becomes less important as an IC encounters increased environmental and strategic change.
• E) becomes less important as an IC encounters increased global dispersion.

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Definitions:

Productivity Increase

The improvement in the efficiency of production, often seen through a higher output of goods and services without an increase in input.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, significantly transforming economies with the introduction of machinery.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often indicated by a rise in real GDP (Gross Domestic Product).

Savings Rate

The fraction of disposable income that is saved instead of spent on various goods and services.