International Factoring

question 31

Multiple Choice

International factoring

• A) is more complicated than domestic factoring.
• B) can be used to extend credit beyond what the exporter can normally afford.
• C) often involves factoring firms in both the exporting and importing countries.
• D) All of the above
• E) None of the above

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Definitions:

Performance Appraisal

A regular review and assessment of an employee's job performance and overall contribution to a company, which may influence promotions, pay adjustments, and other management decisions.

Orientation

The process of introducing new employees to their job tasks, the company's values, and the organizational culture.

Civil Rights Act

Landmark legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin.

Equal Employment Opportunity Commission

The Equal Employment Opportunity Commission is a federal agency that enforces laws against workforce discrimination and advocates for fair treatment in the workplace.