_____ Is the Process of Applying Management Concepts and Techniques

question 34

Multiple Choice

_____ is the process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic,political,and cultural environments.

• A) Strategic management
• B) Internationalization
• C) Globalization
• D) International management

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Definitions:

Government Intervention

Regulatory actions taken by a government in order to affect decisions made by individuals, groups, or organizations within its economic systems.

Excludable

A characteristic of a good or service that allows the owner or provider to prevent others from using it without permission.

Rival

A characteristic of a good or service that implies its consumption by one individual prevents simultaneous consumption by another individual.

Public Goods

Public goods are commodities or services that are provided without profit to all members of a society, either by the government or a private individual or organization.