The Text Observes That Today, Most Local Communities Have Chain

question 18

Multiple Choice

The text observes that today, most local communities have chain stores, branch banks, schools, and churches that serve the local community but are affiliated with metropolitan or national organizations. Warren refers to these ties as

• A) face-blocks.
• B) vertical patterns of integration.
• C) defended neighborhoods.
• D) community neighbors.

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Definitions:

Bureaucratic Risk

involves the uncertainties and slowdowns that can occur within an organization due to rigid procedures, policies, and hierarchies.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Location Decision

The process of selecting a geographical site for a company's operations, facilities, or services.

Capital Flow

The movement of money for the purpose of investment, trade, or business production internationally or within a country.