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Sonbull [250]
2 years ago
10

Local adaptation is typically preferred by managers who are charged with making the international business successful in their c

ountries, whereas managers at the headquarters of multinational companies value global consistency because it simplifies decisions. True or false?
Business
1 answer:
atroni [7]2 years ago
4 0

<u>Answer: </u>True

<u>Explanation:</u>

To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.

The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.

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Therefore, the correct answer is as given above

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2 years ago
If the company were to issue an annual zero-coupon bond with a maturity of 2 years and par value of $1,000, what would be the ar
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Note: <em>The complete question is attached as picture below</em>

1a. The one year spot rate can be calculated using the one year zero bond.

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950 = 50 / 1.1111 + 1,050 / (1 + S2)^2

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(1 + S2)^2 = 1050 / 905

1 + S2 = 1.160221/2

S2 = 7.714%

1c. Price of the 2 year zero bond = 1,000 / (1 + 0.07714)^2

Price of the 2 year zero bond = 1,000 / 1.1602

Price of the 2 year zero bond = 861.9203586

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Nata [24]

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