Consider the following statements about companies that are involved with international operations:
I. Budgeting for these firms is often very involved because of fluctuating values in foreign currencies.
II. Multinational firms may encounter hyperinflationary economies.
III. Such organizations often face changing laws and political climates that affect business activity.
Which of the above statements is (are) true?

Question

Quizplus · Accepted Answer

All three statements are true regarding companies involved with international operations. Budgeting complexities arise due to fluctuating foreign currencies (I), they may encounter hyperinflationary economies (II), and they often face changing laws and political climates (III).

Consider the Following Statements About Companies That Are Involved with International