Describe three broad groups of multinational corporations
Horizontally integrated MNCs use production establishments located in different countries to produce the same or similar products.
Vertically integrated MNCs use production establishments in a certain country to produce products that serve as inputs to their production establishments in one or more other countries.
Diversified MNCs use production establishments located in different countries but are neither horizontally nor vertically integrated.
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Which of the following can be used to verify the flow and consistency of your slide show?
A) Navigation slides B) Slide build C) Slide sorter D) Slide titles E) Slide transitions
When a flexible manufacturing system (FMS) is used, response time to needs of the market is slower than under a traditional manufacturing system
Indicate whether the statement is true or false
In a business cycle, the _____ is the transition period between contraction and expansion.
A. recession B. recovery C. disinflation D. deflation
To interact effectively with others while on an international trip you should: a. learn the appropriate greeting for the country you will be visiting
b. avoid speaking in the language of the foreign country unless you know it well. c. take business cards printed with your name and your company name in English only. d. remember that business generally is conducted more informally in other countries than it is in the United States.