A Major US

question 10

Multiple Choice

A major U.S.-based pharmaceutical MNC is planning a merger with a major German-based pharmaceutical MNC.The takeover is likely to be more difficult legally in

• A)the USA.
• B)the EU.
• C)neither country because laws are similar in both countries.
• D)neither country because the target is an MNC.

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Definitions:

Global Compliance

The practice of ensuring that a corporation in multiple countries complies with all the applicable laws and regulations, both domestic and international.

Management Standard

A set of principles, models, or practices that guide and improve the effectiveness of management within organizations.

Proactively Tried

Refers to efforts made in anticipation to address potential issues or to capitalize on opportunities.

Prevent Misconduct

Measures or policies implemented to stop improper, unethical, or illegal actions within an organization.