A Firm That Has Global Operations Has

question 19

Multiple Choice

A firm that has global operations has:

• A) All of their manufacturing and service operations abroad.
• B) Some or all of their manufacturing or service operations abroad.
• C) Manufacturing but not service operations abroad.
• D) Service but not manufacturing operations abroad.

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Definitions:

Agent

An individual or entity authorized to act on behalf of another (the principal) in dealings with third parties.

Register

is to officially record or enroll something or someone's details in a formal list or database.

Partnership

A legally approved business partnership where several individuals jointly oversee the operation and divide the profits among themselves.

Sued

The act of bringing a legal action against an individual or entity to seek remedy or damages due to alleged wrongdoing or breach of contract.