The authors describe the multinational phase of globalization for a firm as one characterized by the:
A) ownership of assets and enterprises in foreign countries.
B) potential for international competitors or suppliers even though all accounts are with domestic firms and are denominated in dollars.
C) imports from foreign suppliers and exports to foreign buyers.
D) requirement that all employees be multilingual.
Answer: A
Business
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MACRS stands for modified accelerated cost recovery system and classifies the "life" of every asset for use in determining the depreciation expense each year
Indicate whether the statement is true or false.
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