What are the two classifications of operating expenses on a multi-step income statement?

An MNE has a contract for a relatively predictable long-term inflow of Japanese yen that the firm chooses to hedge by seeking out potential suppliers in Japan. This hedging strategy is referred to as:

A) a natural hedge. B) currency-switching. C) matching. D) diversification.

Which of the following interorganizational strategies for managing symbiotic

interdependencies is the most formal? A) cooptation B) takeover C) strategic alliance D) franchising