An International Acquisition Is Different from the Establishment of a New

question 58

True/False

An international acquisition is different from the establishment of a new subsidiary in that the MNC can immediately expand its international business since the target is already in place.

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Definitions:

Informal Elements

Aspects of an organization or group that are not officially structured or codified, but arise from social interactions, cultural norms, and personal relationships.

1920s and 1930s

A period marked by significant events globally, including the Great Depression, the rise of fascism, and major developments in culture and technology.

Total Quality Management

A comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback.

Customer-Driven

An approach to business that prioritizes identifying and meeting the needs and expectations of customers.