IBUS3309 Chapter Notes - Chapter 11: Operations Management, Total Quality Management, Accounting
Document Summary
If decision making is centralised, most important decisions are made at the top. In domestic situations when competition increases, management will decentralise authority and give the local manager greater decision making authority: this reduces the time that is needed for responding to competitive threats. If the local managers are inexperienced or not highly effective the. Mnc will likely centralize decision making and make many of the major decisions at headquarters: protection of goods and services is also important to an mnc. It would not be a very lucrative experience to spend valuable time and money on r and d processes only to have competitors successfully mimic products and essentially take away market share. Internal and external control- mnc will focus on the things that it does best. Management wants to ensure that there is a market for the goods and services that it is offering. Four management views regarding how a control strategy should be devised and implemented.
