Multinationals Assign Home-Country Nationals from Their Headquarter's Staff Abroad on the Assumption

question 23

Multiple Choice

Multinationals assign home-country nationals from their headquarter's staff abroad on the assumption that these managers are

• A)eager to face a new challenge.
• B)familiar with customers abroad.
• C)motivated to adapt to a new culture.
• D)multilingual.
• E)more likely to implement instructions from headquarters.

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Definitions:

Own Currencies

Refers to the sovereign currency that is issued and controlled by a country's own government or central bank.

Exchange Rates

The rate at which one currency can be converted into another, indicating the quantity of one currency that can be exchanged for an alternative currency.

Eurodollars

U.S. dollars deposited in banks outside the United States, often used in international transactions.

American Dollars

The currency of the United States of America, widely used in international transactions and known as the USD.