Management Contracts Are Used in International Dealings

question 89

Multiple Choice

Management contracts are used in international dealings

• A) as a way in which an MNC may contract with a foreign government or local firm to trade raw materials for certain resources belonging to the MNC.
• B) as a way in which an MNC can take total control of operations by either starting a business from scratch or acquiring a firm already established in the host country.
• C) when a corporation chooses to build a facility from scratch allowing it the freedom to design the plant, choose suppliers, and hire a workforce.
• D) when an MNC has a large amount of management talent available and chooses to use its personnel to assist a firm in a host country for a specified fee and period of time.
• E) when an MNC typically contracts for construction of operating facilities in exchange for a fee.

Recognize the principles of human needs as per Maslow's theory.

Differentiate between classical and behavioral management approaches and their influence on worker motivation.

Understand how to calculate total dollar return on stocks.

Recognize indicators of stock value including market-to-book ratios.

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