Scenario: Gem Jewels Gem Jewels Recently Established a Number of Subsidiaries in Various

question 49

Multiple Choice

Scenario: Gem Jewels
Gem Jewels recently established a number of subsidiaries in various foreign countries aiming to build high levels of international business involvement in the coming years. Cultural training has to be given by the company to home-country managers assigned to work in the new subsidiaries.
-If Gem Jewels wants its employees to get "into the minds" of the local people,it should provide ________.

• A) language training
• B) sensitivity training
• C) cultural orientations
• D) environmental briefings

---

Definitions:

Noncash Assets

Assets that cannot be easily converted to cash but hold value, such as real estate, equipment, and intellectual property.

Deficit

The amount by which expenses exceed income or costs exceed revenues.

Liquidation Expenses

Costs associated with winding up a company's operations and distributing its assets to claimants, often occurring in the event of bankruptcy.

Capital Account Balances

The amounts recorded in a company's financial statements under the heading of Capital, representing the cumulative sum of initial and additional investments minus withdrawals by owners.