Question

Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced managers. Based on what you have read, which of the following pieces of advice should Dinesh take? A) "Make the company a global organization so it can benefit from emerging markets." B) "Make the company a local organization so it can be protected from new competitors." C) "There will always be competitors, so focus on long-term demographic trends instead of worrying about the competition." D) "There will always be demographic changes, so focus on beating competitors instead of analyzing customer trends."

Answer 1

Answer:

The correct answer is A) "Make the company a global organization so it can benefit from emerging markets."

Explanation:

A global organization is one that has a presence in several countries.

A global business needs some form of centralized authority, but a multilocal business works best with a dispersed national authority that allows each country to make its own decisions to adapt to local conditions.

It is important to know that if the company cannot make organizational changes, it is necessary to try to adopt global strategies.