Test Bank for International Financial Management, 14th Edition, Jeff Madura
87 vistas 0 veces vendidas
Grado
Healthcare And Nursing
Institución
Harvard University
Book
International Financial Management
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...
Solutions For International Financial Management 14th Edition by Jeff Madura ISBN 9780357130667 Updated 2024/2025 A+
Solution Manual For International Financial Management 14th Edition by Jeff Madura| Complete Verified Chapter's |
Solution Manual For International Financial Management, 14th Edition by Jeff Madura | Complete Verified Chapter's |
Todos para este libro de texto (13)
Escuela, estudio y materia
Harvard University
Healthcare And Nursing
Todos documentos para esta materia (27)
Vendedor
Seguir
Tracy99
Comentarios recibidos
Vista previa del contenido
Test Bank for
International Financial
Management, 14th
Edition, Jeff Madura,
ISBN-10: 0357130545,
ISBN-13: 9780357130544
, 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 maximizing ____, and a purely domestic firm is
mostly concerned with maximizing ____.
a. shareholder wealth; short-term earnings
b. shareholder wealth; shareholder wealth
c. short-term earnings; sales volume
d. short-term earnings; shareholder wealth
ANSWER: b
3. For an MNC, agency costs are typically:
a. nonexistent.
b. larger than agency costs of a small purely domestic firm.
c. smaller than agency costs of a small purely domestic firm.
d. the same as agency costs of a small purely domestic firm.
ANSWER: b
4. Which of the following could reduce agency problems for an MNC?
a. stock options as managerial compensation
b. hostile takeover threat
c. investor monitoring
d. All of these are forms of corporate control that could reduce agency problems for an MNC.
ANSWER: d
5. The valuation of an MNC should rise when an event causes the expected cash flows from foreign subsidiaries to ____
and when the foreign currencies denominating these cash flows are expected
to ____.
a. decrease; appreciate
b. increase; appreciate
c. decrease; depreciate
d. increase; depreciate
ANSWER: b
6. Which of the following theories identifies specialization as a reason for international business?
a. theory of comparative advantage
b. imperfect markets theory
c. product cycle theory
d. None of these are correct.
ANSWER: a
7. Which of the following theories identifies the nontransferability of resources as a reason for international business?
a. theory of comparative advantage
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable.
Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tracy99. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $10.49. You're not tied to anything after your purchase.
