Describe the Two Major Factors That Determine an International Firm's

question 57

Essay

Describe the two major factors that determine an international firm's strategy.

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Definitions:

Bad Faith Bargaining

Negotiations where one or more parties refuse to engage sincerely or with the intent to reach an agreement, typically violating principles of honesty and fairness.

National Labor Relations Act

A foundational US law enacted in 1935 that protects the rights of employees to organize, bargain collectively, and engage in concerted activities for mutual aid or protection.

Direct Dealing

A labor relations strategy where employers interact directly with employees rather than through union representatives.

Intraorganizational Bargaining

The process of negotiation and compromise within an organization, such as between different departments or levels of management, to align goals or strategies.