While the Role of the Geographic (Country)subsidiary Manager Has Traditionally

question 28

Essay

While the role of the geographic (country)subsidiary manager has traditionally concentrated on responsibilities such as identifying sales and profit opportunities,accessing local factors of production and leveraging parent company assets and resources,the modern geographic subsidiary manager's role has evolved to include an expanded set of responsibilities.Discuss the tasks executed by the country manager and propose an associated set of skills that you think would be required by a country manager.Be sure to link these skills to the list of tasks.

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Definitions:

Processing Costs

Refers to the expenses involved in changing raw materials into finished products, including labor, materials, and overhead.

Sales Value

Sales value refers to the total amount of money received from the sale of goods or services before any deductions like discounts or returns.

Segmented Income Statement

An income statement that breaks down revenues, costs, and profits by specific segments, such as product lines or geographical markets, providing detailed insight into each part of the business.

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume.