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9. Differences between domestic and multinational corporations A collection of business firms, usually with a financial institution at the lead, designed to provide the integrated

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9. Differences between domestic and multinational corporations A collection of business firms, usually with a financial institution at the lead, designed to provide the integrated production and sale of the organization's products is called an integrated corporation Based on your understanding of the differences between U.S. and foreign businesses, which of the following statements is correct? Check all that apply. Homeside Lending currently makes home loans to customers in the United States. Their desired expansion into China's growing home loan (mortgage) market will be affected by the rate of exchange between the U.S. dollar and the Chinese yuan. Differences in permissible banking practices across countries will not affect the structure of business organizations or the decisions and actions of their managers. In the 1970s, American automobile manufacturers attempted to counter the importation of small fuel-efficient automobiles from Japan by exporting large, inefficient American-made cars to Japan. This strategy is an example of a failure to consider cultural differences, since it failed to adequately consider the willingness of the Japanese consumer to drive large, inferior quality cars through very congested cities on very mountainous islands

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