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DrDeming's Reputation in the United States Contributed to His Success

question 8

True/False

Dr.Deming's reputation in the United States contributed to his success in Japan.


Definitions:

Consolidated Books

Financial records that combine the assets, liabilities, and operating accounts of parent and subsidiary companies into one set of statements.

Translation Loss

A decrease in the value of foreign currencies held by a company because of changes in exchange rates, affecting the financial statements when consolidating.

Expropriates

The action of a government taking privately owned property, usually without fair compensation.

Multinational Firm

A company that operates in multiple countries, utilizing a global strategy to manage its operations and market its products or services.

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