One of Richard DeGeorge's Guidelines for Multinational Corporations Is That

question 8

Multiple Choice

One of Richard DeGeorge's guidelines for multinational corporations is that _________ .

• A)they should carry out actions that benefit their home country
• B)they should conform to the ethical expectations of the local culture
• C)they should pay their employees the same as they pay their domestic employees
• D)they should do more good than harm for the host country

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Definitions:

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors are valid.

Sunk Cost

A past cost that has already been incurred and cannot be recovered, which should not influence future financial or business decisions.

Net Operating Income

The profit generated from a company's ordinary, day-to-day business operations, calculated by subtracting operating expenses from gross profit.

Contribution Approach

A method of income statement presentation where variable costs are deducted from sales to find the contribution margin.