Because of the importance of economic information to the control and planning functions at headquarters the collection of data and preparation of reports is usually the responsibility of

Question

Quizplus · Accepted Answer

The collection of data and the preparation of reports are usually the responsibility of the home office. However, foreign subsidiaries and field representatives are expected to contribute heavily to studies of their markets. Data from areas where the firm has no local representation can usually be less detailed and are generally available from national and international agencies.

Because of the Importance of Economic Information to the Control