Firms That Seek to Balance the Need for Local Responsiveness

question 92

Multiple Choice

Firms that seek to balance the need for local responsiveness and international integration will typically choose ________.

• A) centralized federations
• B) transnational structures
• C) decentralized federations
• D) matrix structures

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Definitions:

Unidentified Principal

A principal in an agency relationship whose identity remains unknown to the third party at the time of the agency transaction.

Commercial Transaction Law

Governs the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.

UAE Civil Code

A set of laws that regulate civil transactions within the United Arab Emirates, covering matters such as contracts, personal status, and property.

Compensation

Payment or reward given to someone for services rendered or losses incurred.