In General, Managing Global Operations Is Made Easier by _____

question 13

Multiple Choice

In general, managing global operations is made easier by _____ and _____.

• A)political uncertainty; currency devaluation
• B)differentiation strategies; diversified markets
• C)low interest rates; price-sensitive customers
• D)cost-leadership strategies; labor productivity
• E)freer trade; technology

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Definitions:

Wrongfully Discharged

Termination of an employee in violation of legal rights or the terms of an employment contract.

Mitigate Damages

The legal principle that requires a party suffering loss or injury to take reasonable action to minimize the extent of the damage or loss.

Employment Contract

A formal agreement specifying the terms and conditions under which an employee agrees to perform certain duties for an employer.

Right of First Refusal

A legal right allowing the possessor to initiate a business deal with the owner of an asset, prior to the owner having the right to engage in that deal with another party.