Examlex
Agrestal Cosmetics, Inc. is a leading U.S. manufacturer of natural, herb-based cosmetic products. It started out purely as a domestic company but in 1983 established operations in India primarily to gain access to that country's abundant supply of hibiscus, a plant that provided important raw materials to the company's products. In 2009, Agrestal did business in 29 countries around the world. It has factories in Malaysia and Taiwan to use the low labor cost in those countries in making its labor-intensive products. In the late 1990s, it had to close it operations in a foreign country when, due to a change in the country's leadership, all foreign companies had to cease doing business there. During the Brazilian financial crisis, Agrestal adopted the practice of using revenues generated in Brazil to buy orange concentrate locally and sell that concentrate in the United States. Agrestal's corporate finance department aggressively uses hedging in all the countries where it operates. In a few select countries, Agrestal licenses its brand names and know-how to local licensees. Currently, Agrestal is organized whereby all strategic and operational decisions are made at its Princeton, New Jersey headquarters.
-Agrestal's organizational structure is most likely the ________ structure.
Foreign Country
A nation-state or territory that is recognized as independent and distinct from one's own country, governed by its own political and legal systems.
Mechanical Engineer
A professional engineer who designs, analyzes, and maintains mechanical systems.
Fossil Fuel
A natural fuel such as coal, oil, or natural gas, formed in the geological past from the remains of living organisms.
Water
A transparent, tasteless, odorless, and nearly colorless chemical substance that is essential for most known forms of life and used in many industrial processes.
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