Because decisions and resources are controlled locally, the multinational firm responds well to

local needs.

Indicate whether the statement is true or false

TRUE

Business

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What measurement tool does HRM use when determining the profits that remain after the cost of capital has been deducted from operating profits?

What will be an ideal response?

Business

Shylock Bank offers a savings account with a nominal rate of 7% and daily compounding. What is the effective rate of the account? (Assume a 365 day year.)

A) 7.25% B) 7.00% C) 7.50% D) 7.10% E) 7.05%

Business