Global Companies Usually Seek to

question 41

Multiple Choice

Global companies usually seek to

• A)Provide unique products for all countries of the world.
• B)Take advantage of different factor costs among countries.
• C)Manufacture their products in every country.
• D)Focus only on downstream activities in the value chain.

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Definitions:

Conditional

Subject to one or more conditions or requirements being met; made or granted on certain terms.

Implicit

Implicit refers to something implied or understood though not directly expressed or stated. It is often contrasted with explicit, which is clear and direct.

Programmed Decisions

Decisions that are routine and repetitive, for which algorithms or established procedures can be developed to handle them.

Organizational

Pertaining to the structured arrangement and management of an organization, including its processes, systems, and practices.