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NEW QUESTION: 1
With the globalization of economies, many organizations have expanded their operations to international locations. As an advisor to management, an internal auditor will most likelyrecommend that a geocentric, or worldwide, attitude be adopted. Select the reason the geocentric attitude is preferred.
A. It provides the best balance of local and worldwide objectives.
B. It promotes a simpler organizational structure.
C. It provides greater autonomy for host country managers.
D. It promotes tighter organizational control.
Answer: A
Explanation:
According to Howard Perlmutter, the geocentric attitude toward international operations is world oriented. The intention is to balance local and worldwide objectives in all aspects of operations, to maintain global standards while permitting local managers to exercise appropriate discretion.

NEW QUESTION: 2
Why is it convenient to tie business outcomes and the customer value proposition?
A. Because it keeps the value proposition unchanged, it is easier for stakeholders to claim for accountability.
B. Because it accelerates the time to market of new products and solutions while maintaining a reasonable cost structure.
C. Because this way you can establish fixed business goals and priorities and facilitate the deployment project management.
D. To reduce complexity for stakeholders, it is easier for them to describe the benefits and to influence others to gain support.
Answer: D

NEW QUESTION: 3
Which one of the following four statements correctly identifies disadvantages of using the economic capital?
A. Economic capital may do not take into consideration the regulatory requirements.
B. The economic capital models used by banks may be subject to significant model risk.
C. Since banks are putting their money at risk they have an incentive to increase economic capital.
D. Economic capital estimates the level of expected losses.
Answer: B