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Describe the five common ways of departmentalization. Give an example of each.
International Firms
are businesses that operate in multiple countries around the world, beyond their original domestic market.
Transnational Firms
Companies that operate across national borders, managing production or delivering services in more than one country.
Companies
Organizations engaged in commercial, industrial, or professional activities.
European Union
A political and economic union of 27 European countries that are committed to regional integration, characterized by its single market allowing for the free movement of goods, services, people, and capital.
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