7. Four of the most significant pressures for change are (1) globalization of markets, (2) technology, (3) social networks, and (4) generational differences.
ANS: T
AACSB Technology | Information Technologies
8. The main players in the world’s economy are almost exclusively U.S. companies despite globalization.
ANS: F
Globalization means that the main players in the world's economy are now international or multinational corporations.
AACSB Analytic | Operations Management
9. In order to compete effectively in global markets, domestic corporations often must transform their cultures, structures, and operations.
ANS: T
ANS: T
AACSB Technology | Information Technologies
8. The main players in the world’s economy are almost exclusively U.S. companies despite globalization.
ANS: F
Globalization means that the main players in the world's economy are now international or multinational corporations.
AACSB Analytic | Operations Management
9. In order to compete effectively in global markets, domestic corporations often must transform their cultures, structures, and operations.
ANS: T
AACSB Analytic | Operations Management
10. In his book, The World Is Flat, Thomas Friedman, outlined the most important global forces that managers faced in the late 20th and early 21st centuries.
ANS: T
10. In his book, The World Is Flat, Thomas Friedman, outlined the most important global forces that managers faced in the late 20th and early 21st centuries.
ANS: T
AACSB Analytic | Environmental Influence
11. Going global does not mean that the firm provides exactly the same goods or services in all countries.
ANS: T
11. Going global does not mean that the firm provides exactly the same goods or services in all countries.
ANS: T
AACSB Analytic | Environmental Influence
12. Experts who have studied information technology’s impact on organizations have observed that IT changes almost everything about an organization—its structure, its products, its markets, and its manufacturing processes.
ANS: T
AACSB Analytic | Operations Management
12. Experts who have studied information technology’s impact on organizations have observed that IT changes almost everything about an organization—its structure, its products, its markets, and its manufacturing processes.
ANS: T
AACSB Analytic | Operations Management
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