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A Company That Recognizes and Adapts Its Business Practices to Differences

question 48

Multiple Choice

A company that recognizes and adapts its business practices to differences across cultures in which it operates is referred to as being:


Definitions:

Legal Entity

An organization that has legal rights and obligations, including the ability to enter into contracts and sue or be sued.

Legal Rights

Legal rights are entitlements or permissions granted to individuals by law, protecting them and allowing certain actions or claims.

Incorporating

The process of legally forming a corporation, which is recognized as a separate legal entity from its owners.

Angel Investors

Wealthy individuals who provide capital for start-up businesses in exchange for ownership equity or convertible debt.

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