Transfer Risk Refers to the Risk Which Arises from the Uncertainty

question 2

Multiple Choice

Transfer risk refers to the risk which arises from the uncertainty about:

• A)the host's country's policies affecting the local operations of an MNC
• B)the host's country's policy regarding ownership and control of local operations
• C)cross-border flows of capital, payment, know-how, and the like
• D)none of these

Comprehend the methodology and implications of a 360-degree appraisal.

Recognize different methods of performance appraisals and their applications.

Understand the role of supervisors in performance appraisal processes.

Awareness of common rating errors in the performance appraisal process.

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Definitions:

Jury Selection

The process of questioning and choosing jurors from a pool of candidates to serve on a jury during a trial.

Competitive Industry

A Competitive Industry is characterized by many producers and consumers with the products being largely similar, leading to minimal ability for firms to set prices higher than market rates.

Long-Run Equilibrium

is an economic condition where all inputs and outputs in a market are fully adjusted to any changes, leading to a stable state of operations over time.

Profit

The financial gain obtained when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.