Azurzerapi Corporation plans to start marketing products worldwide. What forms of multinational business enterprise should it consider?
It should consider the use of a wholly owned subsidiary, distributorships, joint ventures, licensing to a foreign firm, the use of foreign agents, and direct export sales. Factors such as financing, tax consequences, legal restrictions of the host country, and the degree to which Azurzerapi wishes to control the business will affect its choice.
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Which of the following is not part of management's report on internal controls?
a. Management responsibility for control of financial reporting. b. The framework used to evaluate internal control. c. An assessment of the effectiveness of the company's internal control. d. A statement indicating the extent of tests performed to assess controls.
A company was the victim of several frauds that totaled approximately $10 million in one year. With a profit margin of 10 percent, and assuming that the company's product sold for $1,000 per unit, how many additional units must the company sell to compensate for the fraud losses?
a. 1 million b. 100 million c. 100,000 d. 10,000
Which of the following is not a typical activity a firm will undertake when linking the Balanced Scorecard to operations?
A. Develop key performance indicators. B. Establish necessary IT systems. C. Prioritize business process improvements. D. Develop capital and other long-term budgets.
Relate the motivation process to a situation in your own life using the three elements described in the textbook.
What will be an ideal response?