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Leodan, a glass manufacturing firm based in the U.S., has sole control over several glass manufacturing facilities located all over the world. The company assumes the entire risk if any of the facilities undergoes losses, and it enjoys all the profits if the facilities do well. Which of the following methods has Leodan used to conduct business globally in this scenario?
Four-stage Concept
Refers to a model or theory divided into four distinct phases or stages, often used in psychological, educational, or process-based contexts.
Unwanted Change
Alterations or transitions that are not desired or resisted by individuals or groups.
Organizational Structure
The system of tasks, workflows, reporting relationships, and communication channels that link the diverse parts of an organization.
Senior Management
The top layer of leadership within an organization, responsible for strategic planning, decision-making, and guiding the company's direction.
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