An Organizational Model That Consists of a Company's Overseas Subsidiaries

question 87

Multiple Choice

An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is known as the

• A)international model.
• B)multinational model.
• C)global model.
• D)transnational model.
• E)intranational model.

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Definitions:

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations each party must perform.

Indirectly

In a manner that is not straightforward or direct; happening through secondary or alternative means or effects.

Duties

Responsibilities or obligations that an individual, company, or government has under the law or contract.

Agency Agreement

A contract where one party (the agent) agrees to act on behalf of another (the principal) in business transactions.