Multinational Cash Management

question 49

Multiple Choice

Multinational cash management

• A)is really no different for a MNC than for a purely domestic firm in a closed economy.
• B)concerns itself with the size of cash balances, their currency denominations, and where these cash balances are located among the MNC's affiliates.
• C)concerns itself with the size of cash balances and their currency denominations, but not where these cash balances are located among the MNC's affiliates, since intra-affiliate default risk is not an issue.
• D)none of the above

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Definitions:

Narcissism

Narcissism is a personality trait characterized by an excessive preoccupation with oneself, a need for admiration, and a lack of empathy for others.

Legitimizing Myths

Explanations used to justify why people in power deserve to be in power.

Self-Interest

The consideration of one's own advantages or well-being above those of others or the collective.

Vision

The faculty or state of being able to see, as well as the perception of the environment and the ability to interpret the surrounding visuals.