The Type of Organization Where It Is Assumed That Management

question 41

Multiple Choice

The type of organization where it is assumed that management candidates must be searched for on a global basis because the best manager for any specific position anywhere on the globe may be found in any of the countries in which the firm operates is known as a(n)

• A)ethnocentric corporation.
• B)homocentric business.
• C)multicentric organization.
• D)geocentric organization.
• E)polycentric corporation.

Apply the concept of purchasing power to determine salary adjustments based on CPI changes.

Understand and perform calculations related to profit sharing among partners based on ownership percentages.

Perform basic arithmetic operations and ratio simplifications in various financial contexts.

Calculate the allocation of total overhead based on proportional usage.

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Definitions:

State Constitutions

Documents that set forth the structure, function, and limits of different state governments within the United States.

Indentured Servitude

A labor system prevalent in the American colonies and other parts of the world, where individuals worked for a contracted period in exchange for transportation, food, lodging, and at the end of their contract, often received "freedom dues" including land or money.

All But Disappeared

A phrase describing something that has virtually vanished or diminished to the point of near extinction.

United States

A country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.