Question

True or False

1. A decentralized decision-making structure is always more effective than a centralized decision-making
structure.

2. One of the sources from which organizational culture comes is the history of the enterprise.

3. A firm’s staffing policy is concerned specifically with the selection of upper level management
employees who have the skills required to perform a particular job.

4. Free trade is the absence of barriers to the free flow of goods and services within a domestic
market.

5. The international strategy involves taking products first produced for the domestic market and
then selling them internationally after making major local customizations.

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