Solved

Which of the Following Statements Is True of the Firms

Question 62

Multiple Choice

Which of the following statements is true of the firms that operate in several different countries?


A) The currency values of several different countries do not fluctuate.
B) Cash flows of various parts of a multinational corporate system are always denominated in the same currencies.
C) Institutional differences among countries can cause significant problems in coordination of subsidiaries.
D) No nation places constraints on the transfer of corporate resources.
E) Within homogeneous geographic regions, different countries have uniform cultural heritages that shape values and influence the role of business in the society.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions