What is the name given to a small service facility that is staffed by a parent bank personnel and designed to assist the clients of
the parent bank in their dealings with information about local business practices and credit evaluation of the MNC's foreign customers?
A) offshore banking center
B) foreign branch of a bank
C) representative office
D) international banking facility
Answer: C
Business
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__________ also act as the body in carrying out routine corporate business.
Fill in the blank(s) with the appropriate word(s).
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Secondary data have a lower level of ____ than primary data.
A. abstractness B. elusiveness C. verifiability D. closeness to the phenomenon E. replicability
Business