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question 10

True/False

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Recognize the role and impact of multinational corporations in the global economy.

Distinguish between different forms of international business transactions like exporting, importing, licensing, franchising, and direct investments.

Comprehend the economic implications of international trade on exporting and importing countries.

Identify the challenges and legal issues faced by international businesses.

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Definitions:

Talented People

Individuals possessing exceptional skills, abilities, or knowledge in specific areas that contribute significantly to organizational or project success.

Leadership

The art of motivating a group of people towards achieving a common goal.

Coercive Power

A form of power that is based on the ability to deliver punishments or impose penalties.

Performance

The degree to which an individual, group, or organization achieves its goals and objectives effectively and efficiently.