Martin Enterprises, an MNE with operations in India, Japan, and Taiwan, has decided to delegate an increasing amount of responsibility to the managers of its local subsidiaries. Which of the following will most likely be enhanced as a result?

Which of the following marketing communications tools is most effective at influencing customers at the conviction stage of buyer readiness?

A) advertising B) publicity C) sales promotion D) personal selling E) events and experiences

Empirical evidence indicates that for distressed firms, higher pre-distress leverage increases the probability of operational actions (e.g., asset restructuring and employee layoffs) and financial actions (e.g., dividend cuts)

This evidence is consistent with the: a. disciplinary role of debt. b. wasteful cuts hypothesis. c. managerial discretion hypothesis. d. leverage aggressiveness hypothesis.