Some Multinational Corporations Attempt to Manage Political Risk Through Simultaneously

question 39

Multiple Choice

Some multinational corporations attempt to manage political risk through simultaneously analyzing a range of variables to derive an overall rating of the degree of political risk in a given jurisdiction.This is referred to as a:

• A)Quantification process
• B)Quantification circle
• C)Quantity risk analysis
• D)Quantity management

Understand diverse leadership styles and their global applicability.

Recognize the importance of cross-cultural understanding and communication.

Identify the effects of culture shock and strategies for management.

Analyze the challenges and strategies for managing expatriate assignments.

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Definitions:

Non-Value-Added Time

Time during which a product is not being directly added value to, such as wait or idle time, which does not contribute to the end value of the product.

Throughput Time

The total time taken from the start to the finish of a production process or operation, including both processing time and any periods of inactivity.

Quality

The standard of something as measured against other similar things; a degree or level of excellence.

Business Processes

A set of linked activities or tasks that, once completed, will accomplish an organizational goal.