Because of Its Complexities, _____ Development Presents One of the Stiffest

question 13

Multiple Choice

Because of its complexities, _____ development presents one of the stiffest challenges for international managers.

• A)local strategy
• B)regional strategy
• C)multidomestic strategy
• D)transnational strategy
• E)global strategy

---

Definitions:

Working Capital

The difference between a company's current assets and its current liabilities, indicating the short-term liquidity of the business.

Income Tax Rate

The proportion of earnings handed over to the government as tax.

After-Tax Discount Rate

The discount rate that takes into account the effect of taxes on the net income from an investment.

Straight-Line Depreciation

A tactic for parceling out the expense of a tangible asset through its effective duration in equal yearly quotas.