One Reason Financial Systems in Developing and Transition Countries Are

question 51

Multiple Choice

One reason financial systems in developing and transition countries are underdeveloped is

• A)they have weak links to their governments.
• B)they make loans only to nonprofit entities.
• C)the legal system may be poor making it difficult to enforce restrictive covenants.
• D)the accounting standards are too stringent for the banks to meet.

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Definitions:

Production Control

The activity of monitoring and controlling any particular production or operation, aiming to ensure that production runs smoothly, efficiently, and to schedule.

Needed Adjustments

Modifications or changes required to achieve desired objectives or to correct deviations from plans.

Production Supervisor

A professional responsible for overseeing the daily operations of manufacturing plants or production units, ensuring efficiency and quality output.

Work Assignments

Specific tasks or duties assigned to employees as part of their job responsibilities, often contributing to larger projects or business goals.