Match the Term with Its Definition

question 3

Essay

Match the term with its definition.Some terms may not be used
a.Bill of lading
b.Born-global businesses
c.Counterfeit activity
d.Economic risk
e.Economies of scale
f.Exchange rate
g.Letter of credit
h.Offshoring
i.Political risk
j.Royalties
-The probability that a country's government will mismanage its economy in ways that hinder the performance of businesses operating there.

---

Definitions:

Organizational Control

The procedures and mechanisms used by a business to regulate its actions and align its behaviors with its objectives.

Ridicule

The act of making someone or something the object of scornful laughter by mocking or deriding them.

Executive Reality Check

A method or process where business leaders review and assess the current state and health of their organization, ensuring perceptions align with actual performance and strategies.

Organizational Control

Mechanisms and processes put in place within an organization to guide, manage, and evaluate its resources and actions towards achieving set objectives.