In a Transnational Industry,MNEs Are Expected to

question 12

Multiple Choice

In a transnational industry,MNEs are expected to

• A) collaborate with their competitors to increase the prices of their products.
• B) build the capability to learn from the many environments in which they operate.
• C) acquire their competitors to increase their pool of resources.
• D) decentralize decisions to better respond to local demands.

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Definitions:

Subminimum Wages

Wages paid to certain workers that are below the federal or state minimum wage level, often justified by specific conditions such as training periods or disabilities.

Fair Labor Standards Act

United States legislation that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week, among other protections for workers.

Social Security

A government program that provides financial assistance to people who are retired, disabled, or survivors of deceased workers, mainly funded through payroll taxes.

Pay Mix

The combination of different types of compensation, such as base salary, bonuses, equity, and benefits, that an employee receives.