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In 2014,global Revenue for IBM Was ________ When Measured in Local

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Multiple Choice

In 2014,global revenue for IBM was ________ when measured in local currencies than it was when measured in dollars.This occurred because the value of the U.S.dollar ________ relative to most other currencies.


Definitions:

International Business

Engaging in commerce and trade activities that cross national boundaries, involving different cultures and economic systems.

Localization Approach

A strategy used by businesses that adapt their products, services, and operations to meet the cultural, regulatory, and market needs of different geographic locations.

Balance Sheet Approach

A method in international human resource management that aims to equalize the standard of living between the host country and the home country of an expatriate.

Latin American Countries

Nations located in the Americas where Romance languages, primarily Spanish and Portuguese, are predominantly spoken.

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