CuberTech, an American electronics company, set up its production facilities in Chuaga, an Asian country, because the workers in Chuaga work for about one-third the pay of American workers. This substantially lowered CuberTech's cost of production. This scenario is an example of _____.
A. direct investment
B. a joint venture
C. foreign outsourcing
D. foreign franchising
Answer: A
Business
You might also like to view...
Where does resistance to change come from and how can one reduce this resistance to change?
What will be an ideal response?
Business
The EOQ formula can be modified to calculate the number of units that should be manufactured in a production run
Indicate whether the statement is true or false
Business
________ and ________ are two key G2B areas
Fill in the blank(s) with correct word
Business
What is the difference between a system sequence diagram and a sequence diagram?
Business