Asked by Alison Vidas on Jul 25, 2024
Verified
While IT Motors is located in China, it has allowed management in all of its international operations to make independent decisions on how they conduct business in their different environments. What kind of corporation is IT Motors?
A) a multidomestic corporation
B) an international corporation
C) a global corporation
D) a transnational corporation
Multidomestic Corporation
A company that operates in multiple countries, adapting its products or services to each local market.
Independent Decisions
Choices or judgments made autonomously, without the influence or direction from others, emphasizing self-reliance and personal judgment.
International Operations
Business activities that involve managing production, distribution, marketing, or any other functions across different countries.
- Gain an understanding of the concepts, advantages, and challenges presented by various strategies implemented by international enterprises, covering transnational, global, and multidomestic approaches.
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Learning Objectives
- Gain an understanding of the concepts, advantages, and challenges presented by various strategies implemented by international enterprises, covering transnational, global, and multidomestic approaches.
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