Scenario - The Lynnette Company The Lynette Company was founded in 1982 by Solomon and Andrea Lynette. It is currently based in Jakarta, Indonesia and plans to remain in the region due to the potential for continued market growth. The company provides modern office equipment to customers throughout Southeast Asia and has watched a steady rise in need for its products. Last year, Lynette grossed over five million dollars in sales. It anticipates gross sales to more than double this year. The Lynette Company is pleased by the ample supply of workers from the local region available to help the company. The owners realize this area of the world has the potential to become an important global market. Which one of the following would most likely set guidelines for the Lynette Company to follow as it conducts its business in Southeast Asia?
A)European Union
B)NAFTA
C)ASC
D)MERCOSUR
E)ASEAN

Question

Scenario - The Lynnette Company The Lynette Company was founded in 1982 by Solomon and Andrea Lynette.  It is currently based in Jakarta, Indonesia and plans to remain in the region due to the potential for continued market growth.  The company provides modern office equipment to customers throughout Southeast Asia and has watched a steady rise in need for its products. Last year, Lynette grossed over five million dollars in sales.  It anticipates gross sales to more than double this year.  The Lynette Company is pleased by the ample supply of workers from the local region available to help the company.  The owners realize this area of the world has the potential to become an important global market. Which one of the following would most likely set guidelines for the Lynette Company to follow as it conducts its business in Southeast Asia?      
A)European Union
B)NAFTA
C)ASC
D)MERCOSUR
E)ASEAN

Quizplus · Accepted Answer

ASEAN (Association of Southeast Asian Nations) is an intergovernmental organization that promotes economic, political, and security cooperation among its members. As The Lynnette Company operates in Southeast Asia, ASEAN would be the most likely organization to set guidelines for their business activities in the region. The other organizations listed either do not include Southeast Asian countries or are focused on different regions.

Scenario - the Lynnette Company the Lynette Company Was Founded