If Shana's Company Decides to Open a Completely New Operation

question 103

Multiple Choice

If Shana's company decides to open a completely new operation in Germany, tailoring the company to local customs and marketing strategies and hiring local managers, it would be then considered a ________.

• A) transnational corporation
• B) global company
• C) borderless organization
• D) multidomestic corporation

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Definitions:

Tort Case

A legal case involving a civil wrong that causes harm or loss, leading to legal liability for the person who commits the tortious act.

Principal

The primary party involved in a transaction or agreement, often responsible for the overall terms and conditions.

Agent

An individual or entity authorized to act on behalf of another person or entity in business transactions or legal matters.

Express Authority

The power explicitly given to an agent or employee to act on behalf of a principle or employer.