The Decisions to Standardize Product and Equipment with Which to Make

question 52

Multiple Choice

The decisions to standardize product and equipment with which to make it and to tailor it to fit each national market are most likely to be made by:

• A)IC headquarters.
• B)subsidiary headquarters.
• C)LDC government officials.
• D)hybrid forms.
• E)matrix organizations.

---

Definitions:

Balance Sheet

An exposition on a company's assets, its financial responsibilities, and the equity owned by shareholders, documented at a fixed point in time.

Total Revenue

The overall amount of money generated by a company from its business activities, before any expenses are subtracted.

Total Expenses

The sum of all costs and expenses incurred by a business during a given period, including operating and non-operating expenses.

Net Income

Net income is the profit a company makes after deducting all its costs and expenses from its total revenue.