In A(n) _____, a Company's Subsidiaries Operate Autonomously but Regularly

question 106

Multiple Choice

In a(n) _____, a company's subsidiaries operate autonomously but regularly report to the parent company.

• A) multinational structure
• B) transnational structure
• C) international structure
• D) global structure

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Definitions:

Option

In finance, a contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified timeframe.

Revoking

The action of withdrawing, canceling, or annulling something previously granted, such as a privilege, right, or contract.

Offer

A proposal by one party to enter into a contract upon specified terms, subject to acceptance.

Postbox Rule

A principle in contract law where an offer is considered accepted the moment the acceptance is sent, rather than when it is received by the offeror.