When the Pressure for Coordination Is Strong and the Pressure

question 100

Multiple Choice

When the pressure for coordination is strong and the pressure for local responsiveness is weak for multi-national corporations within a particular industry,the industry will tend to become

• A) global.
• B) consolidated.
• C) multi-domestic.
• D) risky.
• E) indigenous.

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Definitions:

Notes Receivable

Notes receivable are written promises for amounts to be received by a business, typically including interest, from another party usually within a set time frame.

Accounts Payable

Refers to the amounts a company owes to creditors for items or services purchased on credit.

Notes Payable

A liability in a company's balance sheet that records amounts the company owes because it borrowed money, or a formal written agreement to pay a specific amount in the future.

Maturity Value

The amount of the note that is due on the date of maturity (Principal + Interest).