When McDonald's restaurants open in a foreign country and serve products similar to domestic products, it is an example of

A) A horizontally integrated MNC
B) A vertically integrated MNC
C) A diversified MNC
D) A virtually integrated MNC
E) A modernized MNC


A

Business

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The association of black color with bad luck in China or the breakfast preferences of Indians are discussed as examples of ______.

A. cultural differences B. religious differences C. industrial differences D. political differences

Business

The implied warranty of fitness for a particular purpose refers to ________

A) a warranty that allows the purchaser to recover the full purchase price if there is any dissatisfaction with the product B) a warranty that is clearly stated by the seller or manufacturer C) a warranty that arises when the seller tells the consumer that a product is fit for a specific use D) a warranty that a product is reasonably fit for ordinary use

Business

Which three specific factors have been found to account for a team's ability to make effective decisions?

A. transactive memory, transformative memory, and decision memory B. groupthink, social loafing, and process rotation C. decision redundancy, social facilitation, and transactive memory D. individual effort, team effort, and boundary spanning effort E. decision informity, staff validity, and hierarchical sensitivity

Business

How does the total cost of issuing stock for the first time compare to the costs of other securities?

A) substantially larger than the costs for most other securities B) about the same as the cost for most other securities C) substantially less than the cost for a few other securities D) substantially less than the costs for most other securities

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