Which of the Following Is True of a Global Corporation

question 56

Multiple Choice

Which of the following is true of a global corporation?

• A) It pursues different strategies in each of its foreign markets.
• B) It treats each overseas subsidiary as an autonomous subsidiary.
• C) It gives local managers the authority to make the necessary decisions.
• D) It views the world as one market.

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Definitions:

Individual State Laws

Laws that are enacted by each state or territory within a federation, reflecting the unique needs and preferences of its population.

Model Corporation Acts

A set of statutes designed to serve as a template for states in drafting their corporate laws.

Variation

Differences or changes in condition, form, or character from something else, often referring to products, services, or contractual terms.

Foreign Corporation

In a given state, a corporation that does business in that state but is not incorporated there.