Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements is true? A global information management strategy is needed as a result of industry globalization. A global information management strategy

Which of the following statements is true?

A global information management strategy is needed as a result of industry globalization.

A global information management strategy is needed as a result of national competitive posture.

The benefits associated with globalization of industries are not tied to countries' policies and practice. rather, they are associated with how the activities in the industry value chain are performed by the firm's worldwide systems.

Porter suggests that coordination among increasingly complex networks of activities dispersed worldwide is becoming a prime source of competitive advantage.

All of the above

---------------

In a global firm, skills in coordination permit the firm to:

be flexible in responding to competitors in different countries and markets.

respond in one country to a change in another.

scan markets around the world.

transfer knowledge between units in different countries.

All of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

11th Edition

978-0324651812, 324651813, 978-0324651751

More Books

Students also viewed these General Management questions