Which of the Following Statements Is True About Expatriate Managers

question 48

Multiple Choice

Which of the following statements is true about expatriate managers?

• A) Organizations must ensure that the expatriate managers are inflexible.
• B) Spouse's inability to adapt to the new work environment has no impact on the expatriate's adaptability.
• C) Expatriate managers must not be tolerant or open to other cultures.
• D) Cross-cultural and language training is of no significance to an expatriate.
• E) Social and legal systems in the host country have an impact on the expatriate's success.

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Definitions:

Financial Liability

An obligation that requires the entity to transfer economic benefits including money, goods, or services to another entity as a result of past transactions or events.

Convertible Debt

A type of bond or other form of debt that can be converted into a specified number of shares of the issuing company's stock at certain times during its life.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards, principles, and procedures that companies must follow when compiling their financial statements.

APB

The Accounting Principles Board, which was an organization that set standards for financial reporting and accounting in the past, succeeded by the FASB.