In Terms of Global Business Strategy and Structure,a Multinational Company

question 68

Multiple Choice

In terms of global business strategy and structure,a multinational company will use a policy of:

• A)mixed sales and marketing,with centralized production,accounting,human resources,and strategic management.
• B)centralized production,accounting,marketing,human resources,with strategic management.
• C)dispersed production,accounting,human resources,with centralized strategic management,and marketing.
• D)dispersed production and marketing,with centralized accounting and strategic management.
• E)making local units that are clones of the mother country units.

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Definitions:

Circular Flow Model

An economic model that depicts how money and goods/services move through the economy in different markets between households and firms.

Resource Markets

Markets where resources like labor, capital, and raw materials required for production are bought and sold.

Workers

Individuals engaged in any form of labor, either employed or unemployed, contributing to the production of goods and services.

Production Costs

Production costs are the expenses incurred in the process of creating a product or service, including raw materials, labor, and overhead costs.