In Terms of Global Business Strategy,the Governance of ________ Firms

question 25

Multiple Choice

In terms of global business strategy,the governance of ________ firms has been likened to a federal structure-strong central management core of decision making,but considerable dispersal of power and financial resources.

• A)domestic exporter
• B)multinational
• C)franchiser
• D)transnational
• E)domestic importer

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Definitions:

Self-Serving Bias

A common cognitive bias that leads individuals to attribute successes to internal factors and failures to external factors.

Unrealistic Deadlines

Time constraints set on a task or project that are not reasonable or achievable based on the current resources, scope, or circumstances.

Fundamental Attribution Error

The cognitive bias of attributing other people's actions to their character or personality while underestimating situational influences.

Selective Perception

The process by which individuals perceive what they want in media messages while ignoring opposing viewpoints.