A Multinational Firm That Has Pulled Control of Operations Back

question 90

Multiple Choice

A multinational firm that has pulled control of operations back into the home office is a/an ____ corporation.

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

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Definitions:

Overconfidence Bias

The tendency to hold a subjective belief unreasonably confidently, making someone believe their ability, or the accuracy of their information, is higher than it actually is.

Confirmation Bias

The bias towards finding, interpreting, selecting, and recollecting evidence in ways that validate one's prior beliefs or notions.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have foreseen it, known also as the "I-knew-it-all-along" effect.

Eyewitness

A person who directly observes an event, like a crime, and can provide testimony about what happened.