Question

SSim-Tech, a US corporation has subsidiaries in six foreign countries. When developing and implementing a long range business plan it must consider how to utilize a sound financial control system and is concerned about how systems designed for highly decentralized operations are less effective. The CEO has found that for countries with _________ characteristics, decentralized systems are less likely to be effective?

1. high patriotic

2. high uncertainty avoidance

3. high GDP

4. high reliance on government

5. none of the answers apply

SSim-Tech, a US corporation has subsidiaries in six foreign countries. When developing and implementing a long range business plan it must consider how to utilize a sound financial control system. Which of the following is not one of the components of a sound financial system?

1. financial policies

2. internal reporting structures

3. operating budgets

4. procedures manuals

5. none of the answers apply

Answer 1

The answer for the above shall be

1. High reliance on government

2.None of the answers apply