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Discuss the Factors That May Be Considered in Determining If

question 51

Essay

Discuss the factors that may be considered in determining if a Mexican subsidiary of a U.S.firm has the peso or the dollar as its functional currency.The subsidiary only manufactures component parts that are shipped to the U.S.firm's final production plant in Detroit.


Definitions:

Creative Behaviour

The capability to come up with original and useful ideas, solutions, or approaches in various contexts.

External Environment

The factors or conditions outside an organization that affect its operations and performance, including political, economic, social, and technological aspects.

Design Competitions

Contests and challenges where individuals or teams compete to create solutions or products according to specific criteria and constraints.

Crowdsourcing

The practice of obtaining information, ideas, or input into a task or project by enlisting the services of a large number of people, typically via the internet.

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