Which of the Following Companies Is an Example of an International

question 65

Multiple Choice

Which of the following companies is an example of an international business that uses the geocentric staffing model?

• A) Hydracore, a web development company that hires employees from a pool of qualified candidates from across the world
• B) Franelli, an international convenience store chain that hires employees from its parent country to staff higher-level positions in its foreign offices
• C) Infinite Sports, a sports shoes manufacturing company that only hires local workers to staff its foreign subsidiaries
• D) Cielo Vista, a commercial airline that hires parent-country nationals to staff all positions in its foreign offices

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Definitions:

Financing Activities

Transactions related to raising, repaying, or managing the long-term capital and funding of an entity, reflected in the cash flow statement.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and profits.

Revenues

Earnings derived from standard business activities, factoring in reductions and allowances for goods returned.

Expenses

Outflows or other uses of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.