Which of the Following Factors Must Be Considered in Choosing

question 72

Multiple Choice

Which of the following factors must be considered in choosing the structure and control systems for managing a global business?

• A)How to distribute and allocate responsibility and authority between managers at home and abroad
• B)The selection of the organizational structure that groups divisions both at home and abroad
• C)The selection of the right kinds of integration and control mechanisms
• D)The selection of the right kinds of organizational culture
• E)All of these choices

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Definitions:

Equilibrium Price

The price in a competitive market at which the quantity demanded and the quantity supplied are equal, there is neither a shortage nor a surplus, and there is no tendency for price to rise or fall.

Relatively Inelastic

Describes a situation where the demand for a good or service changes by a smaller percentage than changes in its price, indicating consumers' less sensitive response to price changes.

Supply

The total amount of a product or service available for purchase at any given price or time.

Coefficient Of Elasticity

A measure used in economics to show how much the quantity demanded or supplied of a good responds to a change in its price or income level.