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In General,the Global Business Manager,the Geographic (Country)subsidiary Manager and the Worldwide

question 14

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In general,the global business manager,the geographic (country)subsidiary manager and the worldwide functional manager respectively cope with challenges of developing global efficiency and competitiveness,national responsiveness and flexibility,and worldwide innovation and learning capabilities.Nevertheless,it does not mean that they undertake their tasks unilaterally.


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Interest Rate

The interest rate that a borrower must pay to a lender in exchange for using borrowed funds.

Accrued Interest

Interest that's been accrued but is still pending payment or receipt.

Deposit

A sum of money placed in an account or with a third party as security or for future payment.

Days

Units of time measuring 24 hours, often used to calculate interest, maturity dates, and other financial time periods.

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