Globalization Occurs When an Organization

question 56

Multiple Choice

Globalization occurs when an organization:

• A)actively participates in other countries and cultures.
• B)serves diverse customers within the firm's home country.
• C)has a diverse workforce within the firm's home country.
• D)All of the answers are correct.
• E)serves diverse customers within the firm's home country and has a diverse workforce within the firm's home country.

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Definitions:

Minimum Required Rate

is the lowest return or yield that an investor is willing to accept on an investment, considering the risk involved.

Average Operating Assets

This term refers to the average value of the assets used in the operations of a business over a specific period, usually calculated to assess performance.

Residual Income

Profit remaining after all costs and expenses, including capital costs, have been deducted. It's often used to assess the profitability of a department or investment.

Operating Assets

Assets that are used for the day-to-day operations of a business, including both current and non-current assets.