Implementing Multinational Corporate Strategy to Influence Human Behavior in a Positive

question 22

Multiple Choice

Implementing multinational corporate strategy to influence human behavior in a positive way should include:

• A) a target for managers that is possible under ideal conditions.
• B) consideration of cultural differences across units.
• C) all exchange rate gains and losses.
• D) measures of profit, residual income, and return on investment for all units.

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Definitions:

LIFO

Last In, First Out refers to an approach for evaluating inventory in which the items that were produced last are considered to be the first ones sold.

Weighted-Average Cost

A calculation used in inventory management and cost accounting that takes into account the varying costs of goods and determines an average cost for the goods sold.

Periodic Inventory System

An inventory system that updates inventory balances after a specific period, calculating COGS by a physical count.

Unit Cost

The calculated cost to produce one unit of product, taking into account all variable and fixed costs.