a. Small businesses can grow as a result of going international
b. Being small often means it may be more difficult to obtain necessary resources
c. Small size creates only limited liability
d. Small and new businesses can only succeed by exporting
15) Small businesses can potentially have more advantages than larger businesses in the
global economy because
a. Small companies can change quickly to take advantage of opportunities in new
markets
b. Larger companies have more slack resources to absorb risk
c. Small companies require a lot of travel from their CEOs
d. Small companies have more access to resources
16) Union membership density refers to
a. The number of unions in any country
b. The proportion of workers who belong to unions in a country
c. The proportion of white collar workers/professional who belong to unions in a
country
d. The proportion of unions to companies in a country
17) All of the following statements are true about the worldwide matrix structure
EXCEPT
a. To balance the benefits produced by geographic and product structures and to
coordinate a mixture of product and geographic subunits, some multinationals create a
worldwide matrix structure
b. Unlike most hybrid organizations, the worldwide matrix structure is a symmetrical
organization
c. It has unequal lines of authority for product groups and for geographic divisions
d. The matrix structure works well only when there are near equal demands from the
environment for local adaptation and for product standardization with its associated
economies of scale
18) The range of feelings outwardly expressed in society refers to the cultural