Exam (elaborations)
Test Bank for International Financial Management, 14th Edition, Jeff Madura
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1. The commonly accepted goal of an MNC is to: a. maximize short-term earnings. b. maximize shareholder wealth. c. minimize risk. d. maximize short-term earnings AND minimize risk. e. maximize international sales. ANSWER: b 2. With regard to corporate goals, an MNC is mostly concerned with m...
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