The Lynette Company's Plan to Continue Its Operations Within the Asia

question 32

Multiple Choice

The Lynette Company's plan to continue its operations within the Asia market offers many benefits as well as challenges.Which one of the following would provide the least degree of challenge for the stability of this company's business operations?

• A) Development of a free trade agreement with China
• B) The economic rise of China
• C) Ability to tap China's declining business market
• D) Job loss prevention through a free trade agreement with China
• E) Ability to tap China's growing consumer market

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Definitions:

Delegation

The assignment of responsibility and authority to someone else while retaining ultimate accountability.

Accountable

Being responsible for one's actions and the outcomes of those actions, often involving an obligation to report, explain, or justify them.

Good Management

Refers to the process of effectively planning, organizing, leading, and controlling resources and tasks to achieve organizational goals.

Learning

A process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.