The Term ________ Describes a Collection of Managers in or from Several

question 94

Multiple Choice

The term ________ describes a collection of managers in or from several countries who must rely on group collaboration if each member is to experience optimum success and goal achievement.

• A)global management team
• B)niche management team
• C)virtual management team
• D)strategic management team

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Definitions:

Surplus Funds

Excess funds that are not needed for immediate expenses and can be invested or saved for future use.

Tax Gains

Profit that arises from the sale of an asset or investment which is subject to taxation.

Acquisition

The method in which a corporation acquires the majority or entirety of another firm's stock to obtain dominion over it.

Increasing Inputs

Refers to a situation in production or economics where there is a rise in the resources used to produce goods or services.