International Business 12 ed

  1. affiliates
    A term sometimes used interchangeably with subsidiaries, but more forms exist than just stock ownership
  2. horizontal corporation
    A form of organization characterized by lateral decision processes, horizontal networks, and a strong corporatewide business philosophy
  3. hybrid organization
    Structure organized by more than one dimension at the top level
  4. international 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
  5. matrix organization
    An organizational structure composed of one or more superimposed organizational structures in an attempt to mesh product, regional, functional, and other expertise
  6. 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
  7. organizational structure
    The way that an organization formally arranges its domestic and international units and activities, and the relationships among these various organizational components
  8. reengineering
    Redesigning organizational structure, hierarchy, business systems and processes in order to improve organizational efficiency
  9. 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
  10. subsidiaries
    Companies controlled by other companies through ownership of enough voting stock to elect board-of-directors majorities
  11. subsidiary detriment
    Situation in which a small loss for a subsidiary results in a greater gain for the total IC
  12. transfer pricing
    Pricing that is established for transactions between members of the enterprise
  13. virtual corporation
    An organization that coordinates economic activity to deliver value to customers using resources outside the traditional boundaries of the organization
Card Set
International Business 12 ed
Chapter 13 Voc