In Terms of Global Business Strategy and Structure,a Domestic Exporter

question 54

Multiple Choice

In terms of global business strategy and structure,a domestic exporter strategy:

• A)centralizes production,accounting,human resources,and strategic management,and uses a mixed model of sales and marketing.
• B)concentrates financial management and control out of a central home base while decentralizing production,sales,and marketing operations to units in other countries.
• C)centralizes production,accounting,marketing,and human resources.
• D)disperses production and marketing,with centralized accounting,human resources and strategic management.
• E)concentrates production and marketing in each country,and decentralizes accounting and human resources.

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Definitions:

Prepaid Rent Expense

An advance payment for rent that is recorded as an asset on the balance sheet until it is consumed or the rental period elapses.

Contra-Asset

An account that offsets an associated asset account on a company's balance sheet, like an allowance for doubtful accounts reducing accounts receivable.

Original Cost

The initial price paid to acquire an asset or service, not accounting for depreciation or adjustments.

Book Value

The residual amount that represents a company's assets minus its liabilities.