Management Contracts Are Used in International Dealings

question 89

Multiple Choice

Management contracts are used in international dealings

• A) as a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC.
• B) as a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country.
• C) when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce.
• D) when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time.
• E) when an MNC typically contracts for construction of operating facilities in exchange for a fee.

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Definitions:

Nitric Oxide

A gas molecule that plays an important role in many physiological and pathological processes within the body, including vasodilation and neurotransmission.

Erectile Tissue

A type of tissue found in certain parts of the body like the penis and clitoris, which can swell with blood to produce erection.

Dilation

The process of widening, stretching, or expanding, often referring to blood vessels or pupils.

Erectile Tissue

Specialized tissue that can become engorged with blood, leading to an erection, found in the penis, clitoris, and nipples.