For a Multinational Corporation with Many Affiliates Throughout the World,________

question 27

Multiple Choice

For a multinational corporation with many affiliates throughout the world,________ the management of the short-term cash balances of the affiliates provides significant savings to the firm.

• A) outsourcing offshore
• B) arranging regionally
• C) dispersing
• D) centralizing

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Definitions:

Foreign Countries

Refers to any country other than one's own, emphasizing the differences in legal jurisdiction, culture, business practices, or government regulation.

Adaptive IHRM

Refers to the flexible strategies employed in international human resource management that allow adaptation to the diverse needs of employees across different countries.

Local Laws

Regulations and legal requirements that are specific to a particular geographic area or jurisdiction.

Global Managers

Executives or managers who possess the knowledge, skills, and sensitivity required to effectively manage and lead organizations in the global marketplace.