Select all that apply Which of the following are key factors influencing the growth of globalization in the competitive landscape? International markets are growing with rising incomes and increased de- mand. Corporate operations transcend national borders. Offices and production facilities are worldwide. Management and staff are always from the home country of the corporation.
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- 1. Multinational corporations Why do companies go global? Multinational corporations operate in locations across the world. Each company has its own motive for its presence in different countries. Consider the following case: Saltwater Logistics Corp.'s domestic demand has matured and leveled off. Consequently, the firm is looking to expand its operations overseas because it believes that its growth opportunities are more promising in foreign markets. Which of the following best describes the reason Saltwater Logistics Corp. has decided to go global? To seek production efficiency To avoid political, trade, and regulatory hurdles To broaden its markets Now consider the case of Blue Box Crate Company. Many of Blue Box Crate Company's customers have expanded to India. Consequently, Blue Box Crate Company has decided to expand its operations to India to better serve its customers. Blue Box Crate Company has decided to go global in order toWhich of the following statements is TRUE? A. Technological change is one of the ongoing challenges that characterize the current business landscape. B. A global company can be headquartered anywhere, but usually, most of its employees come from the organization's home country. C. In today's world, planning is a top-down function in which top executives establish business plans and tell others to implement them. D. Globalization has reduced the need for innovation by equalizing production costs.Why is the agency problem more pronounced for multinational corporations? Check all that apply: MNCs are often larger than purely domestic companies. There are no international laws to prevent agency problems. Monitoring managers in foreign countries is more difficult. Managers raised in different cultures may have different goals and values.
- More and more companies are looking beyond the domestic market. Identify and briefly describe some of the forces that have resulted in increased global integration and the growing importance of global marketing.In its quest for global expansion Lewis Fabrication must examine its rationales for wanting to expand into the foreign marketplace. Which one of the following is not a reason why this company would want to expand globally? * To maximize shareholder wealth To minimize risk of failure for the business To increase the revenues of the company To cut costs of production for the company To reduce risks associated with business cycle fluctuationsThe following contemporary factors are contributing to the internationalization of the subject of accounting, except The growth and spread of multinational .a O operations around the world The decreasing number of cross-border .b O mergers and acquisitions The internationalization of the world's .c O .capital markets The phenomenon of global competition .d O
- Companies seek to expand their activities globally to achieve the following goals (choose the most accurate answer): Question 12 options: a) To reach more consumers in world markets. b) To diversify. c) To lower their costs of production. d) To take advantage of the global product life cycle. e) To find new products and ideas in foreign markets. f) To take domestic product or service with global appeal to new market. g) All of the above.An organization's primary operations occur in the U.S. and Europe. However, it has relocated its cash management and accounting functions to an in-house business unit located in India. This business supports standardized finance processes and controls. It has also established, measured and reduced the cost of these back-office business processes. Which of the following BEST describes this concept? Outsourcing Netting center Decentralized control Shared service center1. define entrepreneurship, entrepreneurs, and entrepreneurial firms. 2. identify the institution and resources that affect entrepreneurship 3. highlight three characteristics of growing entrepreneurial firm 4. describe how international strategies for entering foreign markets are different from those for staying in domestic market 5. articulate what you do to strenghten your entrepreneurial ability on an international level
- Write a memo on working for a corporation that is seeking to acquire for the first time a foreign operation as part of increasing their corporate footprint. You have been asked to prepare a memo to the Board of Directors justifying the reasons for the acquisition and providing an example of a U.S. firm that has seen positive results from a foreign acquisition.Should a company primarily be valued relative to the global industry to which it belongs, or to other national companies listed in its domestic home market?What are the major problems caused by worldwide accounting diversity for a multinational corporation?