• 1 Marks

BMF – Nov 2020 – L1 – SA – Q18 – Business and Organizational Structures and Choices

Identify a key characteristic of a global company.

One of the characteristics of a global company is that:
A. Management makes strategic decisions for each foreign market
B. Products are adapted to the requirements of the local market
C. Marketing is adapted in each country to suit the local culture
D. The value chain in each country of operation is optimised
E. The senior managers are likely to come from different countries

D. The value chain in each country of operation is optimised

Explanation:
A characteristic of a global company is that it optimizes its value chain across different countries. This means that the company seeks to improve efficiency and effectiveness in its operations, taking into consideration the varying economic and market conditions in each country where it operates. While the other options involve adapting strategies and products for local markets, the optimization of the value chain reflects a comprehensive, global perspective.

Back to all questions

Pick a Form

Professional Tutor Application Form
Academic Tutor Application Form
Student Tutor Application Form