Multidomestic Corporations ________

question 129

Multiple Choice

Multidomestic corporations ________.

• A)maintain operations in multiple counties but do not allow managers in each country to make their own decisions
• B)utilize ethnocentric attitudes in financial decisions but favour polycentric views in human resources issues
• C)decentralize management decision-making to local countries
• D)eliminate structural divisions that impose artificial geographical barriers

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Definitions:

Operational Planning

The process of outlining specific procedures and processes aimed at achieving tactical goals within an organization.

Tactical Planning

Short-term, detailed planning that supports strategic planning goals by focusing on achieving specific objectives within a limited time frame.

Strategic Planning

The process of defining the direction and decisions for an organization, including setting goals and determining actions to achieve those goals.

Strategic Planning Process

involves defining a company's strategy or direction and making decisions on allocating its resources to pursue this strategy.