Which of the Following Actions Distinguishes Firms Pursuing a Transnational

question 49

Multiple Choice

Which of the following actions distinguishes firms pursuing a transnational business strategy from firms using other business strategies?

• A) responding to local challenges and opportunities quickly
• B) exerting strong control over its subsidiaries
• C) striking a balance between centralization and decentralization
• D) responding to global challenges and opportunities quickly
• E) standardizing product offerings to achieve economies of scale

Identify how acceptance must occur in various contractual scenarios.

Differentiate between types of contracts (e.g., requirements, output contracts) and understand their binding nature.

Learn the legal standards used to evaluate the intent and certainty necessary for contract formation.

Understand the components and legal implications of conditional acceptances and counteroffers.

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Definitions:

External Specialists

Professionals or experts who are not part of an organization but are consulted for their specialized knowledge or skills.

Observers

Individuals who watch or monitor events or behaviors without directly participating.

Accountability Pressures

are the expectations or demands placed on individuals or organizations to justify their actions and decisions to stakeholders or the public.

Shared Personal Interests

Common interests or goals among individuals that can facilitate bonding and cooperation.