When Operating in Global Business, American Firms Must Take into Account

question 118

Multiple Choice

When operating in global business, American firms must take into account:

• A) U.S. federal laws
• B) the laws of all countries in which they have operations
• C) international treaties and trade agreements that may apply
• D) laws in U.S. states
• E) all of the other choices can be correct

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Definitions:

Stakeholders

Individuals or groups with an interest or stake in a project, organization, or outcome, whose inputs and needs are often considered in decision-making processes.

Social Media

Digital platforms and websites that allow users to create, share content, or participate in social networking.

Podcasting

A digital medium in which audio or video content is produced and distributed through various online platforms, allowing for episodic content consumption.

Prepared Script

A written document containing the dialogue, actions, and directions that are to be followed in a performance or presentation.