Many MNCs Are 'Captives of Their History' Because

question 17

Multiple Choice

Many MNCs are 'captives of their history' because

• A)structure follows strategy, and their original strategies may now be irrelevant.
• B)once you have established them successfully, it is hard to change both international structures and strategies.
• C)strategy follows structure, so they have to adapt their global strategies to the reality of global political structures.
• D)a and b.

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Definitions:

Hours of Operation

The scheduled times during which a business or service is open to the public.

Tradition

The transmission of customs, beliefs, or cultural practices among generations, often providing a sense of heritage and identity.

Equality

The state or quality of being equal, especially regarding status, rights, and opportunities without discrimination on the basis of characteristics such as race, gender, or age.

Personal Control

The extent to which individuals believe they can control events affecting them.