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Which Is the Accurate Statement

question 21

Multiple Choice

Which is the accurate statement?

Evaluate the impact of global operations on a company's competitiveness.
Recognize the importance of adapting business strategies to international markets.
Understand the role and implications of host and home countries in international business.
Comprehend the significance of a PEST analysis in evaluating international business environments.

Definitions:

U.S. Labor Law

A body of laws, regulations, and judicial decisions that address the legal rights of, and restrictions on, working people and their organizations in the United States.

ESOPs

Employee stock ownership plans, which are employee benefit plans giving workers ownership interest in the company.

Worker Representation

The participation of employees in decision-making processes and governance within an organization, often through unions or employee councils.

Fortress Unionism

A strategy where labor unions focus on protecting the rights, wages, and benefits of their current members, often with less emphasis on recruiting new members or organizing new sectors.

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