What is biotechnology? Discuss some of the areas in which it has been used and is likely to be used. What is biotechnology? Biotechnology is the integration of science and technology, but more specifically the creation of agricultural or medical …

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What is a multinational corporation? Why would a company want to be a multinational corporation? What is a multinational corporation? A multinational is a company that operates in more than one country, international sales and a mix of nationality between …

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Explain how globalization has caused some goods to be cheaper. Globalization is the process where the economies of various countries in the world become more and more connected to one another.  In a globalized economy, people from one country can …

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What are the basic assumptions on which the hierarchy-of-needs theory rests? Hierarchy-of-needs Theory Maslow’s hierarchy-of-needs theory rests on three assumptions. First, an individual’s behavior is grounded on his/her needs. After fulfillment of one need, he/she puts forth his/her efforts to …

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What are the main factors that help influence whether decision making will be centralized or decentralized?   Factors to Adopt Decision-making Structure Decision-making structure plays an important role in infusing efficiency and effectiveness in the company’s market performance. The centralization …

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Explain the integrative, protective, and defensive techniques MNCs use to respond to political risks   Political Risks & Mitigating Techniques A business entity runs its operations in a combination of micro and macro environment. This integration becomes more complex and …

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What is a mixed organization structure? Are mixed organization structures gaining in popularity? If so, why?   Mixed Organization Structure An organization structure, in which the skilled employees often work in more than one department or on different assignments across …

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Question 1 Correct 1.00 points out of 1.00 Flag question Question text The more sophisticated the level of technology, the greater the use of _____ decision making. Select one: Participative Centralized According to Table 11-1, a high degree of technology encourages …

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