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14 Cards in this Set
- Front
- Back
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Organizational Structure |
The way that an organization formally arranges its domestic and international units and activities, and the relationships among these various organizational components |
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Organizational Design |
A process tat deals with how an international business should be organized in order to ensure that its worldwide business activities are able to be integrated in an efficient and effective manner |
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Int'l Division |
A division in the organization that is at the same level as the domestic division and is responsible for all non-home-country activities |
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Hybrid Organization |
Structure organized by more than one dimension at the top level |
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Matrix Organization |
An organizational structure composed of one or more superimposed organizational structures in an attempt to mesh product, regional, functional, and other expertise |
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Matrix Overlay |
An organization in which top-level divisions are required to heed input from a staff composed of experts of another organizational dimension in an attempt to avoid the double-reporting difficulty of a matrix organization but still mesh two or more dimensions |
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Strategic Business Unit (SBU) |
Business entity with a clearly defined market, specific competitors, the ability to carry out its business mission and a size appropriate for control by a single manager |
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Reengineering |
Redesigning organizational structure, hierarchy, business systems, and processes in order to improve organizational efficiency |
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Virtual Corporation |
An organization that coordinates economic activity to deliver value to customers using resources outside the traditional boundaries of the organization |
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Horizontal Corporation |
A form of organization characterized by lateral decision processes, horizontal networks, and a strong corporatewide business philosophy |
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Subsidiaries |
Companies controlled by other companies through ownership of enough voting stock to elect board-of-directors majorities |
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Affiliates |
A term sometimes used interchangeably with subsidiaries, but more forms exist than just stock ownership |
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Subsidiary Detriment |
Situation in which a small loss for a subsidiary results in a greater gain for the total IC |
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Transfer Pricing |
Pricing that is established for transactions between members of the enterprise |
