According to the Textbook, Most Organisations Start Doing Business Globally

question 89

Multiple Choice

According to the textbook, most organisations start doing business globally by ________.

• A)exporting and importing
• B)licensing and franchising
• C)strategic alliances
• D)joint ventures
• E)global sourcing

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Definitions:

Kenneth Boulding

An economist, educator, peace activist, and interdisciplinary philosopher who made contributions in systems theory, ecological economics, and conflict and peace studies.

Equivocality

The existence of multiple and potentially conflicting interpretations or meanings within a communication context.

Predictable Context

An environment or situation in which outcomes can be anticipated based on known variables, past experiences, and established patterns.

Suprasystem

A larger system that encompasses one or more sub-systems, highlighting the hierarchical and relational aspects of complex systems.