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1) when a firm focuses on increasing profitability by customizing the product or service
so that they provide a good match to tastes and preferences in different national
markets, the firm is following a localization strategy.
2) barriers to cross-border capital flows could ultimately tend to produce differences in
rates of return across stock markets.
3) the international accounting standards board was formed in march 2001 to replace
the international accounting standards committee.
4) over the decade, between 50 and 90 percent of all fdi inflows have been in the form
of mergers and acquisitions.
5) rights that are taken for granted in developed nations, such as freedom of association,
freedom of speech, freedom of assembly, and so on, are universally accepted.
6) talking with prior employers regarding someone's reputation is a good way to discern
a potential employee's ethical predisposition.
7) many firms find it disadvantageous to organize as a set of separate legal entities.
