In an Attempt to Be More Aggressive, a Company Might

question 75

Multiple Choice

In an attempt to be more aggressive, a company might export and import more. These steps usually require__________.

• A) abnormal operations for a geocentric organization
• B) conducting business in a polycentric manner
• C) the establishment of strategic alliances
• D) minimal investment and minimal risk

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Definitions:

Business Judgment Rule

A rule protecting business managers from liability for making bad decisions when they have acted prudently and in good faith.

Uninformed Decisions

Choices made without access to all necessary information, knowledge, or understanding, which can lead to adverse outcomes.

Conflicts Of Interest

Situations where an individual's or organization's personal interests could potentially influence or appear to influence their decisions in their official capacity.

Supermajority Vote

A requirement that a motion must receive significantly more than a simple majority of votes, often two-thirds or three-quarters, to be approved.