Briefly describe the subordinate structures of representative office, an agent, and a branch
What will be an ideal response?
The main point of commonality between the representative offices, agencies, and branches is that they do not create separate entities in the host country. A representative office does not actually conduct business; rather, it functions as a foreign contact point where interested parties can obtain information about a particular firm. An agent is an individual who is employed as an independent representative of a firm. Agents are subject to the supervision of the parent firm (or principal), and the authority that they can exercise is limited to what the parent delegates to them. While in the host country, they are subject to the laws of that sovereign. A branch is a unit of the parent company that involves not only the placement of individuals in a particular locale but also the establishment of a facility, such as an assembly plant, mining operation, or service office.
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If the simulation begins with the first random number, the simulated value for demand would be:
A) 0 B) 1 C) 2 D) 3
The use of work teams creates the potential for an organization to generate ________
A) greater outputs with greater inputs B) fewer outputs with fewer inputs C) greater outputs with fewer inputs D) fewer outputs with greater inputs