Ernst & Young, an International Accounting and Management Consulting Company

question 20

Multiple Choice

Ernst & Young, an international accounting and management consulting company, entered Hungary first by establishing a joint venture with a local firm. Ernst & Young later acquired the company with which it had the alliance. As a result Ernst & Young then had a(n) __________ in Hungary.

• A) franchise
• B) licensing arrangement
• C) cooperative contract
• D) wholly owned affiliate
• E) export agency

Identify the appropriate tone and approach for different types of business communication.

Learn the importance of clarity and specificity in making requests or claims.

Recognize the value of maintaining a professional tone, even in potentially negative situations.

Understand how to embed negative information in a favorable context.

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Definitions:

Stepchildren

Stepchildren are children of one's spouse from a previous relationship, creating blended family dynamics.

Losing a Job

The process or experience of being terminated or laid off from employment, often leading to a period of unemployment and requiring job search activities.

Closed Adoptions

A type of adoption where there is no exchange of information or contact between the biological and adoptive families.

Bodily Rhythms

The natural cycles and patterns in physical processes and functions within the body, such as the circadian rhythm.