Explain at Least Two Functions or Purposes of Preparing a Business

question 19

Essay

Explain at least two functions or purposes of preparing a business plan.

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Definitions:

Expatriate Managers

Employees sent by their companies to work in a foreign country, representing and managing the company's interests abroad.

Social Exchanges

Social exchanges refer to the mutual and dynamic interactions of resources, information, or services between individuals or groups, often analyzed in social psychology and sociology to understand social structures and relationships.

Repatriation

The process of returning a person to their country of origin or citizenship, often used in the context of employees returning home after an international assignment.

Multinational Corporation

An enterprise conducting business, either through manufacturing or providing services, across various nations.