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Advantages of Using American Depositary Receipts to Participate in Foreign

question 37

Multiple Choice

Advantages of using American Depositary Receipts to participate in foreign markets include
I.lower transaction costs than for direct foreign stock purchases.
II.reduced exposure to foreign exchange risk.
III.dividends are paid in U.S.dollars.
IV.quotations are readily available from U.S.sources such as Yahoo Finance or MSN Money.

Familiarize with health and safety legislation and the responsibilities of employers, supervisors, and workers.
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Definitions:

Internal Visibility

The extent to which an individual's or group's work and performance are recognized within an organization.

Political Skill

The ability to understand and influence others in a way that enhances personal and organizational objectives.

Political Network

A web of relationships, communications, and interactions among individuals, groups, and organizations centered on political action, influence, and decision making.

Referent Power

A form of influence based on the leader's personal traits, where followers identify with and wish to emulate the leader.

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