Difference in Language, Culture, and Technology Platforms Can Make Global

question 37

Short Answer

Difference in language, culture, and technology platforms can make global data standardization quite __________________.

---

Definitions:

Government Grants

Funds provided by the government to organizations, businesses, or individuals for specific purposes, without any repayment obligation, often to support projects or innovations.

Private Donations

Contributions made by individuals or private entities to nonprofit organizations without expecting anything in return.

Translation Gains

Profits resulting from converting the financial statements of a foreign subsidiary into the parent company's reporting currency, reflecting changes in exchange rates.

Autonomous Subsidiaries

Subsidiary companies that operate independently with their own management and decision-making processes, despite being owned by a parent company.