Foreign Branching
A foreign branch is an extension of the company in its foreign market- a separately located strategic business unit directly responsible for fulfilling the operational duties assigned to it by corporate management including sales, customer service, and physical distribution.Host countries may require that the branch be “domesticated” that is , have some local managers in middle and upper-level positions.
Category: Management & Organization Studies
Previous: ← Franchising
More from this Section
- Centralization
Centralization is the degree to which decision making takes place at upper levels of the ... - Relational decision making
A type of decision making in which choices are logical and consistent and maximize value, ... - Activity Ratios
Activity ratios indicate how effectively a firm is using its resources. By comparing revenues ... - Feed forward control
Feed forward control prevents problems because it takes place before the actual activity. ... - Perceived organizational support
Perceived organizational support – employees’ general belief that their organization ...