Refer to the scenario below to answer the following questions.
International Entrepreneurs (Scenario)
Jennifer and James have formed an entrepreneurial venture to develop software for banks and other financial institutions. Their company is growing, but in looking for opportunities in the future, they decide to explore international operations.
-As their international operations grew, Jennifer and James decided to decentralize management and hire foreign nationals to run the business in their local countries. Their firm has developed into a __________.
A) multidomestic corporation
B) global corporation
C) borderless organization
D) strategic alliance
E) joint venture

Question

Quizplus · Accepted Answer

Jennifer and James have decentralized management and hired foreign nationals to run the business in their local countries, indicating that their firm has developed into a multidomestic corporation, which operates as a decentralized federation of independent national markets.

Refer to the Scenario Below to Answer the Following Questions