Scenario C: Use the Information in the Following Paragraph to Answer

question 9

Multiple Choice

Scenario C: Use the information in the following paragraph to answer the three questions below the paragraph. You are an U.S national and you have just accepted an international assignment in Sweden. On your first day in the office in Sweden, you meet several new colleagues. Lars is the manager of the office and is a Swedish citizen; he has been with the company for five years. Sylvie is from France and has also just come to Sweden to work for your company, which is a U.S based company.
-Lars would be referred to as a(n) :

• A) virtual expatriate.
• B) host-country national.
• C) third-country national.
• D) professional expatriate.
• E) inpatriate.

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Definitions:

Capital

The wealth in the form of money or assets owned by a person or business, used for starting a business or to invest.

Total Liabilities

The combined amount of a company's short-term and long-term financial obligations.

Statement Of Owner's Equity

A financial document that shows changes in the owner’s equity of a company during a specific period, including contributions, withdrawals, and the income or loss.

Change In Revenue

The difference in a company's sales from one period to the next, reflecting increases or decreases in income from its operations.