Preview (16 of 535 Pages)100%Purchase to unlockPage 1Loading page ...Chapter01:MultinationalFinancialManagement:AnOverview1.ThecommonlyacceptedgoalofanMNCisto:a.maximizeshort-termearnings.b.maximizeshareholderwealth.c.minimizerisk.d.AandC.e.maximizeinternationalsales.ANSWER:bDIFFICULTY:EasyLEARNINGOBJECTIVES:INFM.MADU.15.01.01NATIONALSTANDARDS:UnitedStates-BUSPROG.INFM.MADU.15.03STATESTANDARDS:UnitedStates-OH-DISC.INFM.MADU.15.02KEYWORDS:Bloom's:Knowledge2.Withregardtocorporategoals,anMNCismostlyconcernedwithmaximizing____,andapurelydomesticfirmismostlyconcernedwithmaximizing____.a.shareholderwealth;short-termearningsb.shareholderwealth;shareholderwealthc.short-termearnings;salesvolumed.short-termearnings;shareholderwealthANSWER:bDIFFICULTY:EasyLEARNINGOBJECTIVES:INFM.MADU.15.01.01NATIONALSTANDARDS:UnitedStates-BUSPROG.INFM.MADU.15.03STATESTANDARDS:UnitedStates-OH-DISC.INFM.MADU.15.02KEYWORDS:Bloom's:Knowledge3.ForanMNC,agencycostsaretypically:a.nonexistentb.largerthanagencycostsofasmallpurelydomesticfirm.c.smallerthanagencycostsofasmallpurelydomesticfirm.d.thesameasagencycostsofasmallpurelydomesticfirm.ANSWER:bDIFFICULTY:EasyLEARNINGOBJECTIVES:INFM.MADU.15.01.01NATIONALSTANDARDS:UnitedStates-BUSPROG.INFM.MADU.15.03STATESTANDARDS:UnitedStates-OH-DISC.INFM.MADU.15.02KEYWORDS:Bloom's:KnowledgePage 2Page 3Page 4Page 5Page 6Page 7Page 8Page 9Page 10Page 11Page 12Page 13Page 14Page 15Page 16Preview ModeThis document has 535 pages. Sign in to access the full document!Download Now!Report