Dimensions of Diversification That Can Reduce Variability in the Multinational

question 14

Multiple Choice

Dimensions of diversification that can reduce variability in the multinational corporation's operating cash flows include ____:

• A) currency and geographic diversification
• B) currency and product market diversification
• C) geographic and product market diversification
• D) currency and virtual diversification
• E) None of the above

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Definitions:

Affirmed

In legal terms, it means a decision or judgment has been confirmed or upheld by a higher court.

Declared Bankrupt

The legal status of an individual or entity that cannot repay the debts they owe to creditors, formally recognized by a court.

Capacity To Contract

The legal ability of a person to enter into a binding contract, typically requiring that the individual is of a certain age and sound mind.

Necessaries

Goods or services that are essential for someone’s maintenance and welfare according to their status in life and their requirements at the time of contract.