Portfolio diversification of domestic firms reduces risk because cash flows are not perfectly correlated. The same reasoning is often argued for MNEs diversifying into international markets

Indicate whether the statement is true or false.

Answer: TRUE

Business

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Sellers Forever Inc makes use of a system that sends emails to all employees in the organization with requests to recognize and congratulate the top performing sales reps at the end of every week to encourage and motivate the sales team

Which of the following has the company employed?A) sales outsourcing B) email marketing C) sentiment analysis D) sales force automation

Business

Which of the following is not a major step necessary to complete the accounting cycle?

A) Prepare and post closing entries B) Prepare the adjusted trial balance C) Prepare adjusting entries D) Record the transactions, events, and arrangements

Business