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3. The internationalization process of an enterprise must be gradual. Regardless of the country in which the company is located, the direction and process of internationalization of the company in that country is certain.

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19. The most commonly used organizational structure in conjunction with the diversification strategy is the structure of the business unit. The following description of the advantages of the organizational structure of the business unit is correct ( ).

A. Headquarters can more accurately monitor the performance of each business unit, simplifying control issues
Business unit structure is more convenient and helps to improve the effectiveness of resource allocation
C. Motivate business unit managers with poor performance to seek ways to improve the performance of the department
D. Business units can obtain synergy of economies of scale
E. Business units can better obtain financial resource coordination

18. In order to maximize the advantages of the portfolio and the benefits of the portfolio, the senior management of the diversified corporate headquarters must have the knowledge, experience and values that match the portfolio. The following description about the matching of senior management and diversified management is correct ( ).

A. Diversified management requires strategic managers to have different know-how and knowledge, to achieve high-quality decision-making and effective strategy formulation by discussing and arguing with different opinions on team members
B. Diversified operations require closer cooperation between strategic managers
C. Talents with high-level business school qualifications are more capable of diversified business management than other majors
Diversified enterprises encounter more new challenges and new problems, and strategic managers need to maintain a more acute sense of information and innovation
E. Senior managers who have engaged in different companies and different fields are more competent in diversified operations

17. From the end of the 1990s to the beginning of 2000, there was a wave of diversification among Chinese enterprises. The following incentives to promote enterprises diversification in this stage are ( ).Investment opportunities brought by emerging industries Entering opportunities brought by the gradual opening of the industry Diversified development opportunities brought by local protection and market segmentation Financial markets are imperfect and companies have excess capital resources Enforcement of antitrust laws

A. Investment opportunities brought by emerging industries
B. Entering opportunities brought by the gradual opening of the industry
C. Diversified development opportunities brought by local protection and market segmentation
D. Financial markets are imperfect and companies have excess capital resources
Enforcement of antitrust laws

16. When the operators (agent) do not hold or hold a small number of shares, and the shareholders (principal) are too dispersed, the behavior that may be harmful to the shareholders is ( ).

A. Shareholders lose decision-making power over the enterprise
B. Operators may pursue blind diversification
C. Operators illegally embezzled the shareholders' equity
D. Operators control shareholders
E. Operators control the shareholders' meeting

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