Once a Decision to Establish a Foreign Subsidiary Has Been

question 23

True/False

Once a decision to establish a foreign subsidiary has been made, it is irreversible. Therefore, no periodic monitoring of the project is necessary.

---

Definitions:

Pay-as-you-go Philosophy

A financial strategy where expenses are paid for as they occur, rather than using credit or accumulating debt.

Reward Philosophy

An organization’s formal approach to managing employee compensation, benefits, and recognition in alignment with overall business strategy.

Earnings Philosophy

The underlying beliefs and principles that guide how an organization compensates its employees, reflecting values concerning fairness, performance, and the market.

Provincial Law

Legislation that is enacted and enforced by individual provinces within a federal system, addressing matters not exclusively reserved for the national government.