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A Global Firm Is a Firm That Operates in More

question 42

True/False

A global firm is a firm that operates in more than one country and captures R&D, production, logistical, marketing, and financial advantages not available to purely domestic competitors.


Definitions:

High Need for Achievement

A personality trait characterized by an individual's relentless drive and effort to reach goals and excel.

Receive Feedback

The process of receiving constructive information or evaluations about one's actions or performance, aimed at improvement and learning.

External Events

Occurrences outside an organization that can affect its operations and performance, sometimes beyond its control.

Need For Affiliation

A manifest need to establish and maintain warm, close, intimate relationships with other people.

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