accomplish those objectives.
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free-rein leadership
,Measures performance relative to planned objectives
Rewards people for work well done
Takes necessary corrective action
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control function
Are organized in one country and operate in another
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alien corporations
Produce an idea or way of solving a problem by holding a spontaneous group
discussion without criticism
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brainstorming
The standards of moral behavior. Behaviors that are accepted by society as right
versus wrong.
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, ethics
is a wrong inflicted on other people or their property. includes: Assault
Slander
Libel
Product Liability
Fraud
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tort
A company owned in a foreign country by another company called the parent
company. The most common form of FDI.
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foreign subsidiary
A violation of a valid contract where the injured party goes to court to enforce
contract and (sometimes) collect damages
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breach of contract
, Implements CEO's changes.
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chief operating officer (COO)
Finding the right information, keeping the information in a readily accessible place,
and making the information known to everyone in the firm.
This tries to keep people from reinventing the wheel.
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knowledge management
Developing detailed, short-term statements about what is to be done, who is to do it,
and how it is to be done.
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tactical planning
Values sound thinking
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