Examlex
At the start of his 90-minute lecture on child development, Professor Mentyl shows his class a 10 minute home video of his own young children playing with their pet dog. When students later take an exam on this lecture, Professor Mentyl finds that the students didn't remember the details of the critical child development theories that were the focus of the above lecture. This effect has come to be known as
Multinational Conglomerate
A multinational conglomerate is a large corporation that owns a number of different companies in various industries and operates in multiple countries.
Downturn
A decline in economic activity or business performance, often signaled by reduced spending, investment, or employment.
Greenfield Venture
A Greenfield venture is a type of foreign direct investment where a parent company starts a new venture in a foreign country by constructing new operational facilities from the ground up.
Vertical Structuring
Determines where in a hierarchy a company’s decisions are made.
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