Answered: 4) explains the three fundamental areas…

4) explains the three fundamental areas Marketing, production and finance in international companies and what each one consists of

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter1: Multinational Financial Management: An Overview

Section: Chapter Questions

Problem 2QA

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Concept explainers

Goals and Objectives

A goal motivates a person to achieve a desired outcome using the available resources within a specified time limit. Having goals helps a person focus on a specific desire and directs them to achieve it. An objective is a specific action and a measurable process to achieve the desired goal. A goal needs a specific action plan, i.e., an objective, to be accomplished.

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4) explains the three fundamental areas Marketing, production and finance in international companies and what each one consists of

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