When it comes to cutting costs, many foreign companies have chosen to locate production facilities in Mexico to

A. obtain tariff reductions.
B. find raw materials.
C. follow large client firms that locate abroad.
D. find suppliers offering highly specialized products.


Answer: A

Business

You might also like to view...

By balancing all stakeholders' needs, managers are more likely to achieve their objectives in

a. the long term. b. the short term. c. the short term as well as the long term. d. all areas of the organization.

Business

Which of the following applies to SFAS No. 13?

a. It applied the four criteria for a capital lease to both lessees and lessors. b. It created inconsistencies in financing-type leases. c. It eliminated asymmetry between lessor and lessee accounting. d. It requires the lessee to always use the lessor’s implicit interest rate.

Business

When a company is involved in more than one activity in the entire value chain, it is vertically integrated.

Answer the following statement true (T) or false (F)

Business

A conditional probability P(B|

A) is equal to its marginal probability P(B) if A) it is a joint probability. B) statistical dependence exists. C) statistical independence exists. D) the events are mutually exclusive. E) P(A) = P(B).

Business