The Appropriateness of the Strategy That a Firm Uses in an International

question 16

Multiple Choice

The appropriateness of the strategy that a firm uses in an international market varies with the extent of pressures for ____________d ________________.

• A)cost reductions;availability of financing.
• B)price concessions;quality improvements
• C)availability of financing;product standardisation
• D)cost reductions;local responsiveness

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Definitions:

Tax Effects

The impact of tax laws on the financial statements of a company, especially in terms of income tax expense and deferred tax assets and liabilities.

Intragroup Sale

Transactions of goods or services between companies within the same group, which may require elimination adjustments during consolidation.

Dividend Payable

A liability recorded on a company's balance sheet for dividends that have been declared but not yet paid to shareholders.

Dividend Receivable

The amount due to shareholders from declared dividends by the company in which they hold shares, recognized as an asset on the balance sheet until paid.