A Business That Has Direct Investments (In the Form of Marketing

question 115

Multiple Choice

A business that has direct investments (in the form of marketing or manufacturing subsidiaries) abroad in multiple countries is called a ________.

• A)born global firm
• B)multinational corporation
• C)multiregional company
• D)international corporation

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Definitions:

Clan Control

A management strategy that focuses on the role of shared norms, values, and beliefs in controlling behavior within organizations.

Market Control

The ability of a company to influence or regulate the market in its favor, often through dominating supply, prices, or competition.

Corrective Action

Measures taken to identify, eliminate, and prevent the recurrence of adverse or undesirable performance in a system, process, or product.

Control Process

is the method by which management ensures that organizational activities are aligned with set standards, plans, and goals, typically involving measurement, comparison, and action.