Final answer:
A manager equipped to run an international business is known as a global manager. Global managers have the expertise to navigate various international markets and cultural contexts. While expatriates can be global managers, the term specifically refers to managers with international business acumen.
Step-by-step explanation:
The characteristics of a manager equipped to run an international business would usually reflect the capacities of a global manager. A global manager is someone who possesses the skills and knowledge necessary to manage operations in multiple countries, understanding diverse business environments, cultures, and market dynamics. The answer to the student's question would be d. global manager.
Addressing other related concepts, an expatriate is an individual living and working in a country other than their country of citizenship, often temporarily and for work reasons. Therefore, an expatriate could also be a global manager if they are operating at an international level. A third-country national is an employee who is a citizen of neither the country in which the organization is headquartered nor the country in which they are working. A host-country national is a person employed by an organization or government who is a citizen of the country where the organization or government is located.
Multinational corporations
- Have a large share of their capital collected from a variety of nationalities.
- Conduct business without regard to national borders.
- Concentrate wealth in the hands of core nations, although not exclusively headquartered in the United States.
It is also important to note that multinationals play a significant role in international politics as non-state actors, and foreign direct investments by such entities typically involve long-term managerial responsibilities in the investments they make.