In the Area of Global Organizational Design, the Major Firm-Specific

question 54

Multiple Choice

In the area of global organizational design, the major firm-specific factors include the following EXCEPT:

• A) local customers.
• B) strategic importance of international business.
• C) product diversity.
• D) company heritage.
• E) quality of local managerial skills.

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Definitions:

Expected Rate Of Profit

The anticipated return on an investment, taking into account the risk and time value of money.

Classical Theory

Refers to an economic theory that asserts that the economy is self-regulating, markets are best left alone without government intervention, and supply creates its own demand.

Interest Rate

The fee that a lender imposes on a borrower for the usage of assets, represented as a proportion of the principal amount.

Savings And Investment

The act of setting aside income for future use and the use of those savings for new capital expenditures or financial products.