What Gives a Firm Tight Control for Coordinating a Globally

question 71

Multiple Choice

What gives a firm tight control for coordinating a globally dispersed value chain?

• A)signing joint-venture agreements
• B)installing manufacturing units in locations with optimal factor conditions
• C)setting up wholly owned marketing subsidiaries
• D)establishing a greenfield venture
• E)using foreign marketing agents

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Definitions:

Restitution

The act of compensating for loss, damage, or injury caused by one's actions, often as part of a legal judgment.

Specific Performance

A legal remedy requiring a party to fulfill their obligations as agreed in a contract, rather than paying damages.

Nonfraudulent Misrepresentation

An unintentional provision of false information that leads another to enter into a contract without the intent to deceive.

Out-of-Pocket Damages

Expenses or losses borne directly by an individual or entity due to another party's actions or inactions.