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If a Firm Operates Production Plants in Different Countries but Makes

question 75

Multiple Choice

If a firm operates production plants in different countries but makes no attempt to integrate its overall operations,the company is known as a(n) _____ firm.


Definitions:

Ordinary Prudence

A standard of care that refers to the caution, attention, or skill a reasonable person would use under similar circumstances.

Standard Of Reasonable Care

A legal benchmark which dictates the level of care an ordinary, prudent person should take in a specific situation to avoid harm to others.

Blind Person

An individual who lacks visual perception due to physiological or neurological factors beyond normal refractive errors.

Reasonable Person Standard

A legal standard used to determine what a hypothetical reasonable person would do in a particular situation.

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