With Regard to the Financial Structure of a Foreign Subsidiary

question 77

Multiple Choice

With regard to the financial structure of a foreign subsidiary

• A)one option is to conform to the parent company's capital structure.
• B)one option is to conform to the local norm of the country where the subsidiary operates.
• C)one option is to vary judiciously to capitalize on opportunities to lower taxes,reduce financing costs and risks,and take advantage of market imperfections.
• D)all of the options

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Definitions:

Performance Measurement

The process of assessing progress towards achieving predetermined goals, typically involves quantitatively and qualitatively evaluating the efficiency and effectiveness of action.

Process Reengineering

The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, service, and speed.

Management Systems

Frameworks used by organizations to coordinate activities, achieve objectives, and manage resources effectively.

New Public Service

An approach to public administration that emphasizes serving citizens, civic engagement, and the public interest above bureaucratic efficiencies.