An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is known as the ________ model.
A) international
B) multinational
C) global
D) transnational
E) intranational
C) global
Explanation: The global model is an organizational model consisting of a company's overseas subsidiaries and characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations. It is typically adopted by organizations that base their global competitive strategy on cost considerations.
You might also like to view...
Brand ________ is the set of associations that consumers hold in memory regarding a brand's features, benefits, users, and perceived quality as a result of prior brand marketing activities
A) equity B) attitude C) valuation D) knowledge E) positioning
A company purchased equipment for use in the business at a cost of $14,500, one-fifth was paid in cash, and the company signed a note for the balance. The journal entry to record this transaction will include a:
A. debit to Equipment of $2900. B. debit to Cash of $14,500. C. credit to Notes Payable of $11,600. D. debit to Notes Payable of $11,600.
Why doesn't stockholders' equity equal the market value of equity?
A. Stockholders' equity usually does equal the market value of equity. B. Investors tend to incorrectly price the market value of equity. C. It's due to incorrect entries prepared by accountants. D. It's related to the use of historical cost to report many long-term assets and the expensing of value generating costs such as research and development and advertising.
Which of the following is true of dual agency?
A) An undisclosed dual agent is allowed to retain compensations of the transaction provided he or she discontinues the dual agency. B) Examples of dual agents are finders and middlemen. C) Dual agency is permitted if all parties in the transaction agree to it. D) Dual agency is permitted as long as the interests of both principals are similar.