TEST BANK FOR INTERNATIONAL FINANCIAL MANAGEMENT, 11TH EDITION BY JEFF MADURA1. The commonly accepted
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goal of the MNC is to:
a.
maximize short-term earnings.
b.
maximize shareholder wealth.
c.
minimize risk.
d.
A and C.
e.
maximize international sales.
ANS: B PTS: 1
2. With regard to corporate goals, an MNC is mostly concerned with maximizing _, and a purely domestic
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