In a multinational strategy, financial management is centralized while production and sales are decentralized

Which of the following is an advantage of virtual expatriates?

A. they can eliminate the problem of time zone differences B. their families do not have to be uprooted from their home country C. they can avoid cross-cultural communications problems with their foreign colleagues D. they possess complete local knowledge about cultural practices in the foreign country E. they can establish closer relationships with their customers in the foreign country

Bonanza Real Estate Ventures was formed under a state's version of the Revised Uniform Limited Partnership Act. It has three general partners and 1,100 limited partners. The limited partnership interests were offered to the general public at $5,000 per interest. Julie Kay purchased a limited-partnership interest. As such, she

A. Cannot assign her limited-partnership interest to another person without the consent of the general partners. B. Is entitled to interest on her capital contribution. C. Is a fiduciary vis-a-vis the limited partnership and its partners. D. Must include her share of partnership profits in her taxable income even if she withdraws nothing.