The International Model of Organizational Structure Consists of

question 1

Multiple Choice

The international model of organizational structure consists of

• A)large low-cost manufacturing facilities located in selected locations with products exported to various subsidiaries.
• B)subsidiaries located in countries where the company does business with much of the control exercised by the parent company.
• C)subsidiaries located in countries where the company does business with much of the control exercised by the subsidiaries.
• D)manufacturing various components at appropriate sites and assembling the components at national subsidiaries.
• E)global services.

Identify the concept of economic profits versus accounting profits.

Understand the implication of short-run and long-run market adjustments.

Describe how changes in demand affect the market in the short run and long run.

Understand the determinants of the industry supply curve elasticity in the short run and long run.

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Definitions:

Discrimination

The unfair or biased treatment of various groups of individuals, frequently rooted in differences such as racial background, age, gender, or physical abilities.

Race

A social construct used to categorize humans into large and distinct groups based on physical characteristics, ancestry, culture, or history.

Stereotypes

Oversimplified generalizations about a group of people without considering individual differences.

Prejudice

A preconceived opinion or judgment towards people, places, or things that is not based on reason or actual experience, often involving negative attitudes.