Which of the following is a disadvantage of geocentrism?
A. It requires a great deal of centralized control over managers and their career patterns.
B. There are increased tendencies to impose the management style of the parent company.
C. Consideration of only home- and host-country nationals may result in the exclusion of some very able executives.
D. If there are many subsidiaries, home-country nationals must recognize that their foreign service may not lead to faster career progress.
Answer: A
You might also like to view...
The process by which management allocates funds among competing capital investment proposals is termed ________
a. capital expenditures budget b. currency exchange rates c. capital rationing d. inflation
In general, the greater the inherent ambiguity in an individual's job, the greater the need for supervision to avoid conflict and stress.
Answer the following statement true (T) or false (F)
Nina is a high-performing individual who works best alone. Which of the following companies is the most appropriate for her?
A. A company that uses a hierarchical pay structure to pay its employees based on performance B. A company that pays its employees based on their seniority rather than their performance C. A company that pays all its employees the same amount of money D. A company that uses an egalitarian pay structure
Spice Company issued $200,000 of 10 percent first mortgage bonds on January 1, 20X4, at 105. The bonds mature in 10 years and pay interest semiannually on January 1 and July 1. Pumpkin Corporation purchased $140,000 of Spice's bonds from the original purchaser on January 1, 20X8, for $122,000. Pumpkin owns 75 percent of Spice's voting common stock.Based on the information given above, what amount of premium on bonds payable will be eliminated in the preparation of the 20X8 year-end consolidated financial statements?
A. $5,000 B. $3,500 C. $2,800 D. $2,500