Identify and describe the 'AAA Triangle' where the three A's stand for three distinct types of global strategy
What will be an ideal response?
Adaptation seeks to boost revenues and market share by maximizing a firm's local relevance.
Aggregation attempts to deliver economies of scale by creating regional or sometimes global operations; it involves standardizing the product or service offering and grouping together the development and production processes.
Arbitrage is the exploitation of differences between national or regional markets, often by locating separate parts of the supply chain in different places—for instance, call centers in India, factories in China, and retail shops in Western
Europe.
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A basic feasible solution to a system of n equations is found by setting n variables equal to 0 and solving for the other variables
Indicate whether the statement is true or false
Adrian Atwood, a senior manager at MNC, spends a lot of his time assigning group members to particular tasks and scheduling their work such that deadlines are achievable
Adrian also sets high expectations for standards of performance and holds regular meetings to ensure that productivity and quality are up to the mark. In the light of the Ohio State Studies, this indicates that Adrian, as a leader, is ________. A) low in task orientation B) high in consideration C) relationship oriented D) employee oriented E) high in initiating structure