Chapter 11 strategy and organization 17 human

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Chapter 11: Strategy and Organization & 17: Human Resources Management 1) Explain in detail three different global strategies. To make the best use of a firm’s resources and core competencies to gain a competitive advantage, different strategies are employed. These strategies work toward allocating scarce resources and configuring value adding activities on a worldwide scale, participating in major markets, implementing valuable partnerships and engaging in competitive moves in response to rivals. The three strategic objectives include efficiency, flexibility and learning. A firm must build efficient international value chains by lowering the cost of operations and activities such as R&D, manufacturing, product sourcing, marketing and customer service. Flexibility must be developed to accommodate diverse country specific risks and opportunities. Developing relationships with independent suppliers and distributions, foreign direct investment, adapting marketing and human resources practices and organizing operations to ensure response to customer needs work towards this goal. The firm must learn from operating in international environments and use this on a worldwide platform. 2) What are the different organizational structures of international operations. 3
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HOMEWORK ASSIGNMENT 1: CHAPTER 1-7, 15 Organizational structures of international operations describes the reporting relationships inside the firm that specify the links between people, functions, and processes that allow the firm to carry out its operations. Organizational structure is a tool that facilitates the implementation of strategy and the firms strategic vision. The structure managers select is a result of whether they prefer centralized, shared or decentralized decision making. The major types of organizational structures include export department (a unit within a firm charged with managing the firm’s export operations), international division structure (organizational design where all international activities are centralized within on division in the firm separate from domestic units), geographic area structure (management and control are decentralized to the level of individual geographic regions), product structure (arrangement where management of international operations is organized by major product line), functional structure (management is organized by functional activities such as production and marketing), and global matrix structure (an arrangement that blends the geographic area, product and functional structures to leverage the benefits of a global strategy while keeping the firm responsive to local needs). 3) If you were large consumer products firm (such as Nestle), you will pursue which strategy and what type of staffing policy you will employ? Why?
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