The Subsidiary as an Integrated Player

question 24

Multiple Choice

The subsidiary as an integrated player:

• A) Develops HRM policies and practice which are transferred to overseas affiliates
• B) Creates knowledge but at the same time is recipient of knowledge flows
• C) Engages in the creation of country/region specific knowledge in all key functional areas
• D) Moves managers in a way to break down barriers and produces corporate champions of information

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Definitions:

Information Processing

The collection, manipulation, storage, retrieval, and classification of information.

Revenue Journal

An accounting ledger dedicated to recording sales transactions that generate revenue for a business.

Account

An accounting form that is used to record the increases and decreases in each financial statement item.

General Ledger

General Ledger is a comprehensive accounting record of all financial transactions that have occurred within a company over a period of time, serving as the foundation for financial statements.