If Only One Currency Is Used for Evaluating Subsidiary Performance

question 25

Multiple Choice

If only one currency is used for evaluating subsidiary performance in a multinational corporation, what currency is it most likely to be?

• A) Euros
• B) Local currency of the subsidiary
• C) Currency of the parent company's home country
• D) None of the above

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Definitions:

LTE

LTE, or Long-Term Evolution, represents a standard for wireless broadband communication for mobile devices and data terminals, aimed at increasing speed and capacity.

Wi-Fi

A technology that allows devices to connect to the internet wirelessly using radio waves within a short range.

Phoneline

A communication technology that employs a wire or optical fiber telephone line for voice or data transmission traditionally associated with landline phones.

Ethernet

A family of computer networking technologies commonly used in local area networks (LAN), metropolitan area networks (MAN) and wide area networks (WAN).