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The Concept of Transfer Pricing Is Widely Accepted Because of Its

question 83

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The concept of transfer pricing is widely accepted because of its ability to assist in performance evaluation of managers in a company with decentralized divisions.


Definitions:

Geert Hofstede

A Dutch social psychologist known for his work on the comparison of cultures across nations, especially for developing the cultural dimensions theory.

Culture

The shared beliefs, customs, practices, and social behavior of a particular nation, group, or society.

Americans

Refers to the people of the United States of America or their characteristics, culture, or attributes.

Handshake

A greeting or parting tradition involving the grasping and shaking of each other's hands, often used to convey trust, respect, or agreement.

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