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International Entrepreneurs (Scenario) Jennifer and James Have Formed an Entrepreneurial Venture to Develop

Question 57

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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) strategic alliance
D) joint venture

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