43) Global systems allow fixed costs to be amortized over a much smaller customer base. 44) One major telecommunications challenge in an international setting is making data flow seamlessly across networks shaped by disparate national standards. 45) Private networks may not provide the same level of quick and predictable response as VPNs. 46) 3M’s core competencies historically have been electronics sticky films and scratchy papers (sandpaper) and since its founding in 1902 3M has continuously demonstrated through new products just how much the world depends on these competencies. 47) Many global firms will be replaced by fast-moving networked corporations that transcend national boundaries. 48) 3M and other electronics companies assign distribution and production of their products to a number of different countries. 49) At the end of World War II knowledge education science and industrial skills were highly concentrated in North America western Europe and Japan with the rest of the world euphemistically called the Developed World. 50) Production finance HR and strategic management are centralized best describes the global business strategy and structure of a multinational. 51) Production and sales are dispersed best describes the global business strategy and structure of a multinational. 52) “Production is coordinated and finance is centralized” best describes the global business strategy and structure of a franchiser. 53) “Production and finance are coordinated” best describes the global business strategy and structure of a transnational. 54) Protectionism and a need to serve local markets better encourage companies to disperse production facilities and at least become multinational. 55) The networked systems structure is the most visible in financial services where the homogeneity of the product–money and money instruments–seems to overcome cultural barriers.
