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. Budgeting for international firms is complex due to currency fluctuation, multinational firms may encounter hyperinflationary economies, and these firms may face changing laws and political climates that affect business activity.

Consider the Following Statements About Companies That Are Involved with International