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A(n) ________ refers to a JV among companies in differentcountries. international joint ventureWhich of the following factors adversely affects theaccuracy and the timeliness of information systems in less-developed countries? limited sources of data forManagers choose the manufacturing location for eachproduct based on where the best combination of cost,quality, and technology can be attained in order to achieveWhich of the following refers to focusing on andspecializing in specific markets? differentiationWhich of the following does NOT represent a typical way inwhich firms organize their international activities?Global functional structures are primarily used by smallfirms with highly centralized systems. TrueTwo major variables in choosing the structure and designof an organization are the opportunities and need fordifferentiation and integration. FalseA specific strategy that treats the world as one market byusing a standardized approach to products and markets iscalled ________ globalizationThe ________ the level of the company at which managersmake decisions, the more that organization is ________.Globalization is a specific strategy that treats the world asone market by using a standardized approach to productsand markets. TrueIn which of the following is a firm's foreign operationsintegrated into the activities and responsibilities of eachdepartment to gain operative specialization and economiesof scale? global functional structureTo achieve rationalization, managers choose themanufacturing location for each product based on wherethe best combination of cost, quality, and technology canbe attained. TrueThe focus of Selina Inc., an MNC producing a range ofproducts that can be marketed through common channelsto similar customers worldwide, is marketing. Its aim is tobecome an insider in every country it operates. Which ofthe following organizational forms is most likely to be
favored by Selina's management? a globalAn ethnocentric recruiting approach enables a company totake advantage of its worldwide pool of management skill.