The Bank of England no longer redeemed British paper currency for ...

[SO00]

The Bank of England no longer redeemed British paper currency for gold at par value ________.
 
  A) in the 1920s
  B) in the 1850s
  C) before 1821
  D) after 1931

Question 2

How does the scope of internationalizatio n affect recruiting, training, and retaining managers?
 
  What will be an ideal response?

[thall411]

Answer to Question 1

D

Answer to Question 2

When a firm is still in the export department phase of internationalizatio n, it will tend to staff international concerns with a parent country national. As export sales increase, the firm will tend to hire specialists in export documentation, international trade financing, overseas distribution, and marketing. As the firm evolves to the use of an international division, it will house a separate division at headquarters that will be headed by a PCN. Managers of foreign subsidiaries will be either HCNs or PCNs. As the firm develops into a global organization, the specific knowledge a manager possesses will become more important than his or her citizenshi