Most Large Companies with Overseas Operations Have Inherited

question 1

Multiple Choice

Most large companies with overseas operations have inherited

• A)recently built technology platforms for international systems.
• B)batch-oriented reporting from independent foreign divisions to corporate headquarters.
• C)transaction-oriented reporting based at the home office for overseas business.
• D)global marketing systems developed domestically.
• E)enterprise systems developed by local firms.

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Definitions:

Ideal Standard

Benchmarks for optimal performance under perfect operating conditions, used in cost accounting to set budget targets.

Rigorous

Characterized by a strict attention to detail; thorough and exacting.

Standard

A set of guidelines or principles established as a basis for comparison or measurement in quality assessment, production, and compliance.

Budget

A financial plan for a defined period, outlining an organization's projected revenues, expenses, and capital expenditures.