Managers of foreign subsidiaries should never be evaluated in local currency terms.

Question

Quizplus · Accepted Answer

Managers of foreign subsidiaries should be evaluated in both local and parent company currency terms to ensure performance is assessed in a fair and transparent manner. Local currency evaluation can accurately reflect local market conditions and the impact of exchange rate fluctuations, while evaluation in parent company currency can provide a more comprehensive and standardized view of performance across the organization.

Managers of Foreign Subsidiaries Should Never Be Evaluated in Local