MNCs That Become Global at Their First Inception Are Called

question 77

Multiple Choice

MNCs that become global at their first inception are called:

• A) born last firms.
• B) born first firms.
• C) born again firms.
• D) born global firms.
• E) none of the above

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Definitions:

Inventory Change

The difference in inventory levels between two time periods, reflecting purchases, sales, and usage.

Accrued Liabilities

Obligations that a company has incurred but not yet paid for, recognized in accounting to match expenses with the revenues they help to generate.

Indirect Method

A cash flow statement preparation approach that starts with net income and adjusts for non-cash transactions and changes in working capital.

Marketable Securities

Financial instruments that are easily convertible into cash and may include stocks, bonds, and Treasury bills.