D Feet Corp. manufactures its footwear in a small town in America, but it sells to several countries around the world. Given this information, D Feet Corp. can best be characterized as a__________multinational corporation
Fill in the blanks with correct word.
ANSWER: first-stage
D Feet Corp. is a first-stage multinational company as it manufactures its footwear in America but sells it to different countries around the world. Multinationals often develop their global business in stages. In the first stage, companies operate in one country and sell to others.
You might also like to view...
Which of the following statements is CORRECT?
A. One defect of the IRR method is that it does not take account of the time value of money. B. One defect of the IRR method is that it does not take account of the cost of capital. C. One defect of the IRR method is that it values a dollar received today the same as a dollar that will not be received until sometime in the future. D. One defect of the IRR method is that it assumes that the cash flows to be received from a project can be reinvested at the IRR itself, and that assumption is often not valid. E. One defect of the IRR method is that it does not take account of cash flows over a project's full life.
Consumers rarely compare shopping products before purchasing them
Indicate whether the statement is true or false
A contingent liability eventually becomes either a true liability or no liability at all
Indicate whether the statement is true or false
All of the following are reasons why using financial statement ratios is easier than analyzing the financial statement numbers themselves, except:
a. any unexpected changes in ratios that do not make sense are attributable to fraud. b. ratios involve small, easily understood numbers that are sensitive to changes in key variables. c. benchmarks for most ratios are well known. d. All of the choices are true of ratios.