Most MNCs tend to start their operations in a particular region by selecting primarily from their own pool of managers
Over time, and with increasing internationalization, they tend to move to a predominantly polycentric or regiocentric policy because of ________.
A) the lack of governmental support for hiring locals
B) the inefficiencies of expatriate managers
C) the poor performance of subsidiaries
D) the greater costs of expatriate staffing
D
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Which of the following is the correct formula for measuring a cost variance?
A) Cost Variance = (Actual Cost + Standard Cost) / Actual Quantity B) Cost Variance = (Actual Cost - Standard Cost) x Actual Quantity C) Cost Variance = (Actual Cost + Standard Cost) + Actual Quantity D) Cost Variance = (Actual Cost - Standard Cost) - Actual Quantity
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Indicate whether the statement is true or false.