Which of the Following Statements Is True of Global Consistency

question 28

Multiple Choice

Which of the following statements is true of global consistency? 

• A) ​It modifies a company's standard operating procedures. 
• B) ​It occurs when two existing companies collaborate to form a third company. 
• C) ​It allows managers to adapt to differences in foreign customers. 
• D) ​It simplifies decisions for managers at company headquarters.

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Definitions:

Deferral Period

A specified period of time during which payment of a debt, investment, or loan is suspended or delayed.

Compounded Monthly

Interest calculation method where both the initial principal and the accumulated interest are recalculated every month.

Economic Values

The monetary worth of goods, services, or resources based on their utility and their capacity to satisfy wants or needs.

Wage Increase

An upward adjustment in the pay that employees receive for their work.