MNEs Operate in What Kind of Environment

question 2

Multiple Choice

MNEs operate in what kind of environment?

• A) relaxed and stable
• B) diverse and rapidly changing
• C) global
• D) generalized

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Definitions:

Course of Performance

The conduct between parties under a contract that indicates what they consider to be the agreement's requirement, used to interpret the contract's terms.

Course of Dealing

The conduct between parties in previous transactions that establishes a common basis for their understanding.

Conforming Goods

Products or materials that meet the specifications and standards outlined in a contract or agreement between buyer and seller.

Course of Performance

A term referring to the conduct between parties that is used to interpret their agreement within their ongoing business relationship.