Which of the Following Is TRUE with Regard to Firm

question 23

Multiple Choice

Which of the following is TRUE with regard to firm strategy in international labor relations?

• A) Cross-border linkages give rise to complex interactions among differing national labor systems.
• B) Since unions have little influence on the cost of labor, managing labor relations on a global scale is often inessential.
• C) Labor relations are more or less consistent around the world.
• D) Delegating the management of labor relations to their foreign subsidiaries helps MNEs eliminate risks stemming from labor disputes.

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Definitions:

Financing Activity

Transactions involved in sourcing capital for the company operations and investments, which may include issuing bonds, obtaining loans, or repaying debt.

Common Stock

A type of security that represents ownership in a corporation, with holders usually having voting rights and potentially receiving dividends.

Statement of Cash Flows

A financial report that shows how changes in balance sheet and income accounts affected cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Dividends

Disbursements by a company to its stockholders, often as a profit-sharing mechanism.