Refer to the Scenario Below to Answer the Following Questions

question 144

Multiple Choice

Refer to the scenario below to answer the following questions.
International Entrepreneurs (Scenario)
Jennifer and James have formed an entrepreneurial venture to develop software for banks and other financial institutions. Their company is growing, but in looking for opportunities in the future, they decide to explore international operations.
-As their international operations grew, Jennifer and James decided to decentralize management and hire foreign nationals to run the business in their local countries. Their firm has developed into a __________.

• A) multidomestic corporation
• B) global corporation
• C) borderless organization
• D) strategic alliance
• E) joint venture

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Definitions:

Learn

The act or process of acquiring knowledge or skill through study, experience, or instruction.

University Of Michigan

A prestigious public research university in Ann Arbor, Michigan, known for its rigorous academic programs and significant contributions to research.

Admission Points

Criteria or scores used by educational institutions to determine an applicant's eligibility for entrance.

Minority Status

The position of being part of a group that is smaller in number within a society and often has less power, representation, or privilege.