A Company Sending Some of Its Own Managers Overseas to Conduct

question 128

Multiple Choice

A company sending some of its own managers overseas to conduct business in a local office is practicing the international organization strategy of ________.

• A) joint venture arrangements
• B) strategic alliances
• C) direct investment
• D) branch offices

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Definitions:

Common Currency

A currency that is used by multiple countries, facilitating easier trade and financial transactions between them.

Economic Reasons

The financial or monetarily driven considerations and motivations influencing decisions, policies, or behaviors in an economic context.

Offshoring

The relocation of business processes or manufacturing to a foreign country, typically to leverage lower costs or other benefits.

Infant Industry

A new or emerging industry that may be protected by the government from international competition to allow it to grow and establish itself.