ConFab has given its foreign subsidiaries the latitude to make decisions as appropriate in their regions of the world. ConFab would best be characterized as
A)an international corporation.
B)a multidomestic corporation.
C)a transnational corporation.
D)a global enterprise.

Question

Quizplus · Accepted Answer

A multidomestic corporation is characterized by giving its foreign subsidiaries a high degree of autonomy to tailor strategies, products, and operations to fit local market conditions. This approach aligns with ConFab allowing its subsidiaries to make decisions appropriate for their regions.

ConFab Has Given Its Foreign Subsidiaries the Latitude to Make