Reorganizations, Simple Mergers or Acquisitions, Creating New Products or Services

question 6

Multiple Choice

Reorganizations, simple mergers or acquisitions, creating new products or services that replace old ones are examples of what type of change?

• A)Societal change
• B)Organizational change
• C)Transformational change
• D)Transitional change

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Definitions:

Foreign Markets

Markets outside a company's home country where it conducts business activities, often involving different cultures, regulations, and economic environments.

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico designed to eliminate most tariffs on trade between them, promoting economic growth.

U.S. Trade

The exchange of goods and services between the United States and other countries, including imports and exports.

Latin American Countries

Nations located in the Americas where Romance languages, primarily Spanish and Portuguese, are spoken.