The task of managing working capital accounts in multinational corporations is far simpler than in purely domestic firms because domestic firms are not affected by different languages, different cultures, different political environments, different economic conditions, and so forth.
Answer the following statement true (T) or false (F)
False
The task of managing working capital accounts in multinational corporations is more complex than in purely domestic firms because managing working capital accounts in domestic firms are not affected by different languages, cultures, political environments, economic conditions, and so forth as multinational corporations are. See 14-6: Multinational Working Capital Management
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What will be an ideal response?
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