An Organization That Has Significant Operations in More Than One

question 56

Multiple Choice

An organization that has significant operations in more than one country, disregards national boundaries, and is guided by a common strategy from a corporation center is a(n) ________.

• A) global organization
• B) domestic organization
• C) international corporation
• D) multinational corporation
• E) transnational organization

Evaluate the consequences of government policies on market equilibrium, prices, and output levels.

Identify the differences between private, social, and marginal costs and benefits.

Appreciate the significance of negotiating solutions in externalities and the Coase theorem.

Understand how external benefits justify government funding in education and other areas.

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Definitions:

Accounts Receivable Turnover

A measure of how efficiently a company collects credit sales, calculated by dividing net credit sales by the average accounts receivable.

Sales

The total revenue a company generates from selling goods or services over a specific period.

Accounts Receivable

Outstanding payments from customers to a company for delivered goods or services awaiting settlement.

Days Inventory Held

The average number of days a company holds its inventory before selling it, reflecting inventory management efficiency.