The _____ Strategy Focuses on Development and Distribution of Standardized

question 66

Multiple Choice

The _____ strategy focuses on development and distribution of standardized products worldwide to reap maximum benefits from low-cost advantages.

• A) transnational 
• B) localization 
• C) home replication 
• D) global standardization

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Definitions:

Straight-Line Method

A depreciation method that allocates the cost of an asset evenly over its useful life.

FASB

The Financial Accounting Standards Board, an independent organization responsible for establishing accounting and financial reporting standards in the US.

IASB

International Accounting Standards Board, the organization responsible for developing and publishing international financial reporting standards.

Right-Of-Use Asset

Right-of-use asset is a balance sheet item that represents a lessee’s right to use an asset over the lease term under the new accounting standards.