The Following Are Common Problems That Multinational Companies (MNCs)face in Attempting

question 42

Multiple Choice

The following are common problems that multinational companies (MNCs) face in attempting to control their overseas operations except:

• A) the objectives of the foreign operation and the corporate objectives are similar.
• B) the objectives of joint-venture partners and corporate management conflict.
• C) amount of experience and competence in planning are widely diverse among foreign chief executive officers (CEOs).
• D) basic philosophic conflicts exist about objectives and policies of foreign operations, largely because of cultural differences between home- and host-country managers.

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Definitions:

Forgery

The act of falsely making or altering a document with the intent to deceive or defraud.

Negotiable Instrument

A document guaranteeing the payment of a specific amount either on demand or at a set time, with the instrument being transferable between parties.

Unauthorized Signature

A signature that is made without the explicit permission of the person purportedly signing or the authority to sign on behalf of an entity.

Shelter Rule

A legal principle that allows a person who acquired rights in good faith to be sheltered or protected by the rights of the prior holder.