A Tool That Managers Use to Estimate Major Expenditures for Assets

question 195

Multiple Choice

A tool that managers use to estimate major expenditures for assets, expansion of facilities, and mergers and acquisitions is called a(n)

• A) capital budget.
• B) cash budget.
• C) revenue forecast.
• D) zero budget.
• E) equity budget.

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Definitions:

Multidomestic Corporation

A company that operates in multiple countries, tailoring strategies and products to each specific market.

Overseas Managers

Individuals who manage operations, projects, or teams in countries different from where the company is headquartered.

Staffing

The process of recruiting, selecting, training, and placing appropriate individuals into defined job roles within an organization.

Balance Sheet Approach

A method in international human resource management that aims to equalize the cost of living differences for employees working abroad to ensure equity and fairness.