Chapter 44 Flashcards
1
Q
Why engage in international business
A
- More sales
- Acquire resources
2
Q
Are management theories universal
A
No
3
Q
What is out-sourcing
A
Contracting out of work rather than accomplishing it with a full-time permanent workforce
4
Q
What is off shoring
A
Contracting out work to persons in other countries
5
Q
What is job migration
A
Movement of job from one location to another
6
Q
What is culture shock
A
Arrival and adjustment in foreign countries
7
Q
What is coordinated decentralization
A
Overall corporate strategy is provided from headquarter. Subsidiaries are free to implement it
