All of the Following Forces Are Contributing to the Complexity

question 28

Multiple Choice

All of the following forces are contributing to the complexity and diversity encountered by MNEs in the 21^st century, except:

• A) the acceleration of product and technology life cycles.
• B) the globalization of markets.
• C) the assertion of national government demands.
• D) the devaluation of some national currencies.

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Definitions:

Other Receivable

Accounts receivable that do not fit standard trade transactions, sometimes including loans to employees or advances to suppliers.

Notes Receivable

Claims against others for money, goods, or services evidenced by notes, promises to pay, or receipts.

Bad Debt Expense

An expense recognized by businesses for accounts receivable that are not expected to be collected.

Credit Basis

The terms and conditions under which credit is extended by a lender to a borrower, including repayment schedules and interest rates.