MCQ ON INTERNATIONAL BUSINESS PART 2

1. Select the correct code of the following statements being correct or incorrecT Statement (I) : A Global Depositary Receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company. Statement (II) : A GDR is very similar to American Depositary Receipt (ADR) Statement (III) : GDRs are called EDRs when private markets Read More …

MERITS AND DEMERITS OF LINE AND STAFF ORGANIZATION

In line and staff organisation, line authority moves down in the same manner as in the line organisation, but in addition, specialists (known as ‘staff’) are attached to line managers to advise them on important matters. Those specialists stand ready to advise and assist line men as and when required, which enable the line officials to carry out their activities Read More …