NewGen Communications Technology Has Subsidiaries in Each Country in Which

question 74

Multiple Choice

NewGen Communications Technology has subsidiaries in each country in which it does business. As the parent company, NewGen runs its R&D department from its home country, so that each foreign subsidiary remains dependent on it for new products, processes, and ideas. This illustrates the _____ model for global strategy.

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

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Definitions:

Discounted Price

Discounted Price refers to a price that has been reduced from the original or listed cost, often to accelerate sale or clearance or as part of promotional offers.

Credit Terms

Credit terms are the payment conditions imposed by suppliers on customers, including the amount of time allowed to pay off the amount due.

Goods

Tangible items that are produced or manufactured for sale to consumers or other businesses.

Present Value

The current value of a future amount of money, calculated by applying a discount rate to account for the time value of money.