Which of the following factors can influence the operations of an MNC?
A) foreign ownership of portions of equity
B) debt and equity structures based on home country's capital market
C) dividend payout policy
D) consolidation of financial statements based on only one currency
A) foreign ownership of portions of equity
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Which is not one of the five philosophical prepositions of external financial reporting ?
a. External realism b. Subjective judgement c. Insider trading practices d. Commitment to rationalism
Which method of entering a foreign market has a domestic firm actively managing a foreign company or overseas facility?
A. direct ownership B. licensing C. exporting D. joint venture E. contract manufacturing
A drawback involved in using cross-border strategic alliances to enter new foreign markets is that
A. some of the firm's proprietary know-how may be appropriated by the foreign partner. B. the shareholder value of the foreign partner will decline drastically. C. all potential business risks in the new market will have to be faced alone by the foreign firm. D. the foreign firm will need to make larger investments when compared to entering the new market on its own.
A quiet customer who finds conflict so distasteful that he or she will do anything to avoid it is referred to as a(n)
A. accumulator. B. thinker. C. runner. D. busy bee.