International Enterprises Need to Exploit the Differences and Similarities in Their

question 8

Multiple Choice

International enterprises need to exploit the differences and similarities in their multiple host locations, thereby balancing ______ with ______ within the international enterprise's structure (Bartlett and Ghoshal 1989) .

• A) global responsiveness; global integration
• B) local responsiveness; global integration
• C) global responsiveness; local integration
• D) local responsiveness; local integration

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Definitions:

Tax-Deductible

Expenses that can be subtracted from gross income to reduce the amount of income that is subject to taxation.

Bond Principle

The face value of a bond or the amount that the issuer agrees to pay the bondholder upon the maturity of the bond.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, taking into account both interest payments and capital gains or losses.

Coupon Rate

The interest rate on a bond that the issuer promises to pay to the bondholder until maturity.