The organizational structure that enables managers to "think globally but act locally" is called the
A)intranational model.
B)international model.
C)multinational model.
D)global model.
E)transnational model.

Question

Quizplus · Accepted Answer

The transnational model is designed to allow organizations to think and act both globally and locally by allowing for decentralized decision-making and a focus on adaptable and innovative approaches. This model emphasizes collaboration among various departments, locations, and stakeholders, while also recognizing the importance of local markets and cultural differences. This approach enables managers to balance standardization and localization and adjust their strategies according to the needs of individual markets, while still maintaining a global perspective.

The Organizational Structure That Enables Managers to "Think Globally but Act