Calabria Steel Has Subsidiaries in Each Country in Which It

question 90

Multiple Choice

Calabria Steel has subsidiaries in each country in which it does business.As the parent company,Calabria has located its core skills in technology and R&D overseas so that each subsidiary remains dependent on it for new products,processes,and ideas.This illustrates the _____ model for global strategy.

• A) international
• B) multinational
• C) global
• D) transnational
• E) intranational

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Definitions:

Fair Market Value

The price that property would sell for on the open market, reflecting the amount a willing buyer would pay a willing seller when neither is under pressure to buy or sell.

Consideration

In contract law, the value (such as money, an act, or a promise) that is exchanged between parties and is essential for a valid contract.

Selling Drugs

The act of illegally distributing or dispensing controlled substances or prescription medications.

Statutes of Limitation

Regulations specifying the outer limit for initiating legal actions after an incident has occurred.