When Globalizing Organizations 4 Types of Managers Are Needed

question 20

Multiple Choice

When globalizing organizations 4 types of managers are needed.These types include all of the following except:

• A) Business managers
• B) Production managers
• C) Country managers
• D) Functional managers

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Definitions:

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people, often through increased industrial activity and employment opportunities.

Labor

The human effort, both physical and mental, used to produce goods and services in an economy.

Capital

Refers to financial assets or the value of financial assets owned by a business or individual, including money, investments, and other tangible assets that can be used to create wealth.

Suburbanization

The process of population movement from within urban areas to the outskirts, leading to the expansion of suburban neighborhoods.