When It Comes to the Coordination Dimension of Global Strategy

question 52

Multiple Choice

When it comes to the coordination dimension of global strategy and international management, the key conflict is between:

• A) Centralization and decentralization of policies and processes
• B) Coordination between international corporations and employees
• C) Local management and local employees
• D) Specialization and generalist policies

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Definitions:

Net Method

An accounting technique where discounts for prompt payment are calculated and recorded immediately, reducing the purchase cost of inventory.

Allowance for Sales Discounts

An account used in bookkeeping to estimate the reduction in revenue due to sales discounts that customers are expected to take advantage of.

Accounts Receivable

Debts owed by customers to a business for items or services that have been furnished but not compensated.

Sales Discounts

A reduction in the price of goods sold, offered by the seller to the buyer, often to encourage prompt payment.