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The Coordination Dimension of Global Strategy Refers to a Multinational

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The coordination dimension of global strategy refers to a multinational company's decision to standardize its practices across location,(e.g. ,similar compensation,staffing,and training practices)


Definitions:

General Ledger

The primary accounting record of a company that uses double-entry bookkeeping, containing all the financial accounts and transactions of a business.

Accounts

Records summarizing all transactions related to a particular item over a period.

Posting

The process of transferring entries from the journal to the respective accounts in the ledger.

Journal Entries

Records in accounting that document every transaction affecting a company's financial position, detailing debits and credits to accounts.

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