Managers who bear responsibility for international operations need to understand the cultural differences inherent in the management systems of countries in which their firms do business.
Answer the following statement true (T) or false (F)
True
You might also like to view...
The intent of the Sarbanes-Oxley Act of 2002 is to:
a. protect investors by improving the accuracy and reliability of corporate disclosures b. establish who is responsible for financial reporting c. strengthen internal control d. All of the above
In business-to-business products, what is the difference between capital equipment and accessory equipment?
What will be an ideal response?
Manufacturers increasingly are using global and regional brands due to
A. the demands from consumers. B. cost, ease of transmission, brand image, and economies of scale. C. the centralization of the marketing function. D. the ease of supervising fewer promotion programs.
What is the formula for calculating the times-interest earned (TIE) ratio??
A. ?TIE ratio = Interest charges ÷ Total liabilities B. ?TIE ratio = Earnings per share ÷ Interest charges C. ?TIE ratio = Sales ÷ Interest charges D. ?TIE ratio = EBIT ÷ Interest charges E. ?TIE ratio = Interest charges ÷ Net income