Based on Survey Information, Anglo-American Managers Prefer

question 42

Multiple Choice

Based on survey information, Anglo-American managers prefer

• A) not to use ROI performance evaluation systems for foreign operations.
• B) shorter term but more quantitative objectives.
• C) home currency for transfer pricing .
• D) their companies not use local currency information for performance evaluation.

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Definitions:

IPO

Initial public offering. Stock in a new company offered to the public for the first time. Such stock tends to make a volatile, high-risk investment.

Mutual Funds

Investment programs funded by shareholders that trade in diversified holdings and are managed by professional investment managers.

Institutional Investors

Organizations that invest large volumes of money in securities, real estate, and other investment assets, including pension funds, insurance companies, and banks.

Goes Public

The process by which a privately-held company offers its shares to the public for the first time, through an initial public offering (IPO).