Acquiring an Existing Operation, Building or Plant in an Overseas

question 16

Multiple Choice

Acquiring an existing operation, building or plant in an overseas location is referred to as:

• A)Assembly
• B)Strategic alliance
• C)Contract manufacture
• D)Joint venture
• E)Acquisition

Understand the hierarchical structure and the dynamics within business organizations.

Recognize the significance of networks and networking in contemporary organizational structures.

Distinguish between the management functions of planning, leading, organizing, and controlling.

Assess the challenges faced by managers in the 21st-century workplace.

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Definitions:

Occupation

A person's job or profession, often defining one's skills and economic contribution.

Income

The monetary amount received on a regular basis for work or through investments.

Digital Natives

Individuals who have been exposed to digital technologies from an early age, making them highly familiar and comfortable with digital communication and media.

Technological Advances

Macroenvironmental factor that has greatly contributed to the improvement of the value of both products and services in the past few decades.