List and discuss three public pathway strategies for a MNE for raising equity capital outside its home market
What will be an ideal response?
Answer: A euroequity or euroequity issue is an initial public offering on multiple exchanges in multiple countries at the same time. A directed public share issue or directed issue is defined as one that is targeted at investors in a single country and underwritten in whole or in part by investment institutions from that country. Depositary receipts (DRs) are negotiable certificates issued by a bank to represent the underlying shares of stock that are held in trust at a foreign custodian bank.
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Which of the following statements about sales puffery is true?
A. Puffery typically occurs when a salesperson deliberately makes erroneous statements. B. The difference between sales puffery and statements of fact is easy to distinguish. C. Generally, the less knowledgeable the customer, the greater the chances the court will interpret a statement as actionable. D. A salesperson's statements of puffery should be taken at face value and considered factual. E. Misrepresentation cases are judged on the use of standardized words and phrases.
Developing a pricing policy based on organizational goals, objectives, and strategic plans falls under which stage of the management process?
A) Planning B) Performing C) Evaluating D) Communicating
What is the purpose of accrual accounting?
What will be an ideal response?
A minor who enters into a contract for necessaries may disaffirm the contract but remains liable for the reasonable value of the goods
Indicate whether the statement is true or false