MNCs Financial Clout Rivals or Exceeds That of Most Countries

question 7

True/False

MNCs financial clout rivals or exceeds that of most countries.

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Definitions:

Chain of Command

The hierarchy within an organization that establishes who is in command of whom and the proper channels for communication and orders.

Organic Type

describes organizations that are flexible, adaptive, and characterized by less formal rules and decentralized decision-making.

Specialized Expertise

Advanced knowledge or skills in a specific field or area, gained through education, training, or experience.

Process Controls

The methods and procedures implemented to monitor and manage business processes to ensure efficient and effective operation and to meet goals and standards.