When Products of High Strategic Importance Are Transferred Internally Between

question 32

True/False

When products of high strategic importance are transferred internally between an MNE's business units,global business managers will prefer to facilitate these transfers via internal quasi-markets,rather than exerting direct control over quantities shipped and prices charged.

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Definitions:

Ritualistic Respect

The expression of reverence or honor through established, ceremonious practices within a cultural or religious context.

Emics

The locally relevant components of an idea; in cross-cultural psychology, aspects of a phenomenon that are specific to a particular culture.

Etics

The universal components of an idea; in cross-cultural psychology, aspects of a phenomenon that all cultures have in common.

Individualisms

Individualism is a social theory favoring freedom of action for individuals over collective or state control.