When Overseas Sales, Inc

question 50

Multiple Choice

When Overseas Sales, Inc., based in New York, does business internationally, the firm may be subject to international law. The sources of this law include

• A) the laws of individual nations only.
• B) treaties and international organizations only.
• C) the laws of individual nations, and treaties and international organizations.
• D) none of the choices.

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Definitions:

Individualistic Culture

A societal model that places the emphasis on personal achievement and independence over the well-being of the group.

Slow

Refers to a reduced speed or rate of progress.

Open-book Management

A management approach where companies share financial and operational information with all employees to involve them in decision making.

Empower Employees

The process of giving staff members the authority, tools, and information they need to make decisions and contribute to the company's success.