Many Companies Are Interested in Expanding Globally in Order to

question 85

Multiple Choice

Many companies are interested in expanding globally in order to

• A)gain access to supplies,new markets,and lower labor costs.
• B)gain access to natural resources,new markets,and a diverse workforce.
• C)implement tariffs and import quotas.
• D)utilize export embargoes to increase business.
• E)increase synergy and diversity.

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Definitions:

Change

The process of becoming different, which can occur in environments, organizations, or personal lives, often necessitating adaptation.

Executive Coaching

A personalized development process whereby an experienced coach works with executives to enhance their leadership skills and achieve professional goals.

First-Level Managers

Managers who are responsible for the immediate supervision of non-managerial employees and the day-to-day operations of an organization.

Team Building

A process of enhancing social relations within teams, often involving collaborative tasks.