Which Type of Organization Has Programs in Other Countries, but Maintains

question 38

Multiple Choice

Which type of organization has programs in other countries, but maintains a focus on its home country?

• A) global
• B) nonprofit
• C) international
• D) autonomous

Understand the consequences of managerial decisions on company-wide performance and inter-divisional relationships.

Evaluate the conditions under which a cost center might be a more appropriate organizational design choice than a profit center.

Grasp the complexities involved in the performance evaluation of profit center managers and the impact of discretion in decision-making.

Understand the relationship between division profits and company-wide profits.

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Definitions:

Political Economy

An interdisciplinary branch that studies the relationships between individuals, governments, and public policy, focusing on the economic implications of political actions.

Adam Smith

A Scottish economist, philosopher, and author known for his theories on free market economics presented in his book "The Wealth of Nations."

Invisible Hand

A metaphor introduced by economist Adam Smith to describe the self-regulating behavior of the marketplace, where individuals acting in their own self-interest inadvertently benefit society at large.

Petty Bourgeoisie

Class of small business owners and employees who own some means of production but do not exploit large labor forces, often seen as part of the middle class.