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How Is Budgeting for a Multinational Corporation Different Than Budgeting

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How is budgeting for a multinational corporation different than budgeting for a corporation that is strictly domestic?


Definitions:

Social Norms

Shared guidelines or rules for behavior that are considered acceptable within a group or society.

Chameleon Effect

The unconscious mimicry of the postures, mannerisms, facial expressions, and other behaviors of one's interaction partners.

Social Loafing

The situation where people working in a team contribute less effort towards a goal compared to when they work by themselves.

Social Facilitation

The tendency for people to perform differently when in the presence of others than when alone, typically improving on simple tasks.

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