The hiring of family members is known as:

A. favoritism.
B. ethnocentrism.
C. nepotism.
D. ableism.

Ans: C. nepotism.

Business

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Transnational companies:

A. Require effective communication and coordination networks B. Realize pressures for local responsiveness and cost economies C. May centralize production facilities in one location and marketing functions in separate locations D. Must effectively transfer core skills or know-how E. All of the above

Business

Investments accounted for by the equity method are recorded at cost at the time of purchase

Indicate whether the statement is true or false

Business