A Foreign Branch Is

question 41

Multiple Choice

A foreign branch is

• A)an extension of the parent and is not an independently incorporated firm separate from the parent.
• B)an affiliate organization of the MNC that is independently incorporated in the foreign country, and one in which the U.S. MNC owns at least 10 percent of the voting equity stock.
• C)either a minority foreign subsidiary (an uncontrolled foreign corporation) or a controlled foreign corporation.
• D)both b and c

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Definitions:

Sales Manager

A professional responsible for directing and overseeing a team of salespeople, setting sales goals, and developing strategies to achieve those goals.

Consumer Goods

Consumer goods are products bought for personal or household use, intended for direct consumption or use by the end consumer.

Matrix Departmentation

A complex organizational structure that combines two or more types of departmentalization, often project and functional lines, to leverage the benefits of both.

Hybrid Departmentation

A structure based on some mixture of functional, product, geographic, or customer departmentation.