Which of the Following Statements Concerning Promotion Is Correct

question 55

Multiple Choice

Which of the following statements concerning promotion is correct?

• A)Candidates for promotion are external to the firm
• B)Candidates for promotion are internal to the firm
• C)Candidates for promotion are well qualified
• D)Candidates for promotion can be both internal and external to the firm

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Definitions:

Polycentric

An approach in international business, where a company adapts its strategies and decisions to the local conditions of the countries where it operates.

Regiocentric

An approach in international business that prioritizes regional markets and strategies, often blending both global and local considerations.

Global Company

A business that operates and has a presence in multiple countries across the world, transcending national boundaries in its operations.

Transnational Company

A multinational corporation that operates across borders, managing production or delivering services in more than one country, highlighting global integration.