In the Transnational,worldwide Functional Managers Are Often Linked Most Effectively

question 36

True/False

In the transnational,worldwide functional managers are often linked most effectively through informal networks that are nurtured and maintained through frequent meetings,visits and transfers.

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Definitions:

Effective Offer

A proposal made by one party to another intending to create a legal obligation upon acceptance.

Reasonably Definite Terms

A requirement in contract law that the terms of a contract must be clear enough for both parties to be able to understand their obligations and enforce the agreement.

Inferred Term

A concept or term not directly stated but understood from the context.

Invitation to Submit Bids

A formal solicitation process where potential suppliers are asked to present proposals for providing goods or services at a specified price.