A ________ decentralizes management and other decisions to the local country.
A) multidomestic corporation
B) global company
C) glocal company
D) transnational organization
E) borderless organization

Question

Quizplus · Accepted Answer

A multidomestic corporation is a type of multinational corporation that decentralizes management and other decisions to the local country or region. This means that each subsidiary or division of the company operates independently and makes decisions based on local market conditions or cultural differences. This is in contrast to a global company or transnational organization, which attempts to maintain a unified corporate culture and strategy across different countries and markets. A glocal company and borderless organization are similar concepts that emphasize the need for balancing global and local considerations, but they may not necessarily involve decentralization of management.

A ________ Decentralizes Management and Other Decisions to the Local