An Organization Has Reduced Transaction Costs,ensured the Consistency of Its

question 109

Multiple Choice

An organization has reduced transaction costs,ensured the consistency of its corporate policies all over the world,and gained control over its subsidiaries.What approach has the organization adopted?

• A)global IHRM approach
• B)exportive IHRM approach
• C)adaptive IHRM approach
• D)integrative IHRM approach

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Definitions:

Economies Of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Homogeneous Product

A product that is seen as identical across producers, with no distinct differences from the consumer's perspective, leading to perfect competition.

Barriers To Entry

Obstacles that limit the freedom of potential rivals to enter and compete in an industry or market.

Government Regulations

Guidelines and rules established by governmental bodies to control and direct the activities of businesses and individuals within a society.