Which of the following statements concerning the complexity of the manager's task in a multinational corporation is correct?
A) The currency values of different countries in which a multinational corporation operates often experience fluctuations.
B) Cash flows in the various parts of a multinational corporate system are often denominated in the same currencies.
C) All the countries in which a multinational corporation operates have uniform political and economic institutions.
D) The management personnel of the subsidiaries of a multinational corporation are fluent in English and several other languages.
E) No nation can place constraints on the transfer of corporate resources.
Correct Answer:
Verified
Q75: A proprietorship is an unincorporated business owned
Q76: Because financial institutions in other countries are
Q77: In general, the role of a financial
Q78: Which of the following statements is true?
A)The
Q79: The disadvantages associated with a proprietorship are
Q81: The proper goal of the financial manager
Q82: Having the manager's compensation tied to the
Q83: Incentive compensation plans are used to attract
Q84: A financial manager's task is to make
Q85: Financial managers should seek the combination of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents