Which of the Following Is an Advantage of the International

question 24

Multiple Choice

Which of the following is an advantage of the international model?

• A)It facilitates the transfer of skills from the parent company to the subsidiaries.
• B)It provides maximum latitude to research and development functions.
• C)It provides the opportunity to achieve a low-cost position via scale economies.
• D)It requires a minimum amount of effort and coordination by the parent company.
• E)It transfers ultimate control of the company to the subsidiaries.

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Definitions:

Banking System

The network of institutions, laws, regulations, and practices that deliver financial services including deposit, loan, and payment services.

Drawer

The party that writes and signs a cheque, instructing a bank to pay a specific amount of money to the bearer or a named party.

Drawee Bank

The financial institution upon which a check is drawn and is responsible for paying the amount indicated when properly presented.

Stop Payment

An order given by an account holder to their bank to not pay out or honor a check or payment that has previously been issued from their account.