Global Firms Need

question 61

Multiple Choice

Global firms need:

• A) neither an internal nor an external diversity focus.
• B) both an internal and an external diversity focus.
• C) an internal but not an external diversity focus.
• D) an external but not an internal diversity focus.

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Definitions:

Corporation

A legal entity that is separate from its owners and shareholders, which can own assets, incur liabilities, and conduct business.

Government Entity

An organization operated by the government.

Authoritative Body

An organization or institution that sets standards or rules in a specific field, exerting control or influence.

Accounting Principles

The rules and guidelines that companies must follow when reporting financial data, ensuring consistency, reliability, and comparability of financial statements.