ABN Corporation, Headquartered in New York, Was Enjoying Unparalleled Success

question 73

Multiple Choice

ABN Corporation, headquartered in New York, was enjoying unparalleled success in its Hamburg, Germany, branch office. At the annual corporate management meeting in New York, Gunter Klaus, Germany branch manager, modestly cited several reasons for his success. He said, "Our decision to hire Anna Bundt into our Hamburg office turned out to be a wise one. Anna is a native of Vienna, Austria. As a result of her knowledge of business in her home country, she has opened doors to many new clients in Austria. This has resulted in a business volume beyond what we had envisioned." In this instance, Anna is a(n)

• A) expatriate.
• B) host-country national.
• C) third-country national.
• D) inpatriate.
• E) parent-country national.

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Definitions:

Businesses Communicate

The process by which companies share information, expectations, and objectives with their stakeholders.

Communication Process Model

A theoretical framework that describes the steps involved in the exchange of information between a sender and a receiver, encompassing elements like encoding, medium, decoding, and feedback.

Potential Areas

Potential areas refer to sectors or fields that hold the possibility for growth, development, or significant contributions in various contexts.

Failure

The state or condition of not meeting a desirable or intended objective, potentially leading to a wide range of consequences.