If Only One Currency Is Used for Evaluating Subsidiary Performance

question 51

Multiple Choice

If only one currency is used for evaluating subsidiary performance in a multinational corporation,what currency is it most likely to be?

• A)euros
• B)local currency of the subsidiary
• C)currency of the parent company's home country
• D)none of the above

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Definitions:

Behavioral Problems

Refers to actions or conduct that are inappropriate or problematic, often causing concern in social, educational, or professional settings.

Organizational Culture

The shared values, beliefs, and norms that influence the behavior and practices of individuals within an organization.

Group Cohesiveness

The extent to which members of a group are willing to stick together and united in the pursuit of common objectives.

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, transforming primarily agrarian, manual labor-based societies into industrialized, machine-driven ones.