In Multinational Enterprises,staff Works Together from Different Parts of the Organization

question 14

Multiple Choice

In multinational enterprises,staff works together from different parts of the organization and across boundaries,therefore are required to develop:

• A)cultural knowledge
• B)cross-cultural skills
• C)cross-organizational skills
• D)foreign knowledge
• E)cross-national skills

---

Definitions:

Higher Prices

An increase in the cost of goods or services in the marketplace, often due to factors like inflation, supply and demand, or production costs.

Monopolistically Competitive

Refers to a market structure where many companies sell products that are similar but not identical, leading to competitive prices and product differentiation.

Profit-maximizing Output

The level of production at which a company achieves the maximum possible profit, where marginal cost equals marginal revenue.

Demand

This refers to the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period of time.