Multidomestic Corporations ________

question 122

Multiple Choice

Multidomestic corporations ________.

• A) follow the tastes, preferences, and values of the home country
• B) utilize decentralization to make decisions in management in local countries
• C) maintain operations in multiple counties, but do not allow managers in each country to make their own decisions
• D) utilize ethnocentric attitudes in financial decisions, but favor polycentric views in human resources issues

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Definitions:

Service Revenue

Service Revenue is the income a company earns from providing services as opposed to selling physical products.

Accounts Receivable

Outstanding payments from customers to a firm for goods or services that have already been delivered or utilized but remain unpaid.

Journal Entry

A record in accounting that notes every financial transaction in the books via debits and credits.

Balanced Entry

An accounting entry where the sum of debits equals the sum of credits, maintaining the balance of the accounting equation.