One Solution to Language Differences Between Headquarters and Subsidiaries of Multinational

question 298

Short Answer

One solution to language differences between headquarters and subsidiaries of multinational firms is ________-only policies.

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Definitions:

Strategic Planning

A systematic process of envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Environmental Change

Alterations in the climate, ecosystems, and conditions of the earth, resulting from natural phenomena or human activities.

Management Tool

A management tool comprises systems, strategies, or software utilized by organizations to improve efficiency, facilitate decision-making, and support the achievement of business objectives.

Environmental Analysis

The process of evaluating the environmental factors that can impact an organization's operations and performance.