Explain the key differences between a multidomestic corporation and a global company
What will be an ideal response?
Multidomestic
? Management decentralized
? Local employees hired to manage each country's operations
? Marketing strategies tailored to each country's unique characteristics
Global
? Management centralized in home country
? World markets treated as an integrated whole
? Focus is on global efficiency
? Emphasizes cost savings
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When using dollar-value LIFO, if the incremental layer was added last year, it should be multiplied by
a. last year's cost ratio and this year's index. b. this year's cost ratio and this year's index. c. last year's cost ratio and last year's index. d. this year's cost ratio and last year's index.
Which maintenance involves changes made to a system to reduce the chance of future system failure?
A) Adaptive B) Corrective C) Perfective D) Preventive