An Organisation That Receives More Than 25 Per Cent of Its

question 34

True/False

An organisation that receives more than 25 per cent of its total sales revenues from operations outside the parent company's home country is called a transnational company.

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Definitions:

Group Polarization Effect

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, often observed after group discussions.

Risky Decision

A risky decision involves making a choice when the outcomes are uncertain and potentially negative.

Cautious Decision

A decision-making process that involves careful consideration and evaluation of risks and benefits before taking action.

Empiricism

Empiricism is a philosophical stance emphasizing that knowledge comes primarily from sensory experience and observation.