Order RP-191010164944-1.docx - Kato M Kwak C(2017 Corporate International Diversification and Quality of Management Forecasts Kobe University Economic

Order RP-191010164944-1.docx - Kato M Kwak C(2017 Corporate...

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Kato, M., & Kwak, C. (2017). Corporate International Diversification and Quality of Management Forecasts. Kobe University Economic Review , 62 (1), 1. The aim of organization across the world is to make huge profits and gain a significant competitive position within its industry sector. The mechanism which they use to gain profit revolves on the diversification of business management in various locations across the globe. In “Corporate International Diversification and Quality of Management Forecasts” by Kato & Kwak argues that multinational organization are believed to have less uncertainties and complexity and as a result, they have a great sale ratio. Great sale ratio is associated with accurate forecasting of the management. On the other hand, organization that does not have a unique and standard management forecast fails to get higher sales because the accuracy of their forecasting is by pessimistically biased.
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