Answer the following statements true (T) or false (F)
1. One advantage of small companies over large ones is the former's ability to change direction faster.
2. Bay-traders are those who trade seafood from the Chesapeake Bay for other goods rather than selling it on the open market.
3. The recent recession has caused an increasing number of Americans to look for work overseas.
4. A multinational corporation is a nonprofit organization with operations in several countries.
1. TRUE
Small companies can maneuver and change direction faster, which gives them an advantage in terms of time and distance over large companies.
2. FALSE
Bay-traders make a living selling things on eBay, the online auction company.
3. TRUE
The recent brutal U.S. job market has spurred more Americans to hunt for jobs overseas (and impelled foreign-born professionals who used to work in the United States to return home).
4.FALSE
A multinational corporation, or multinational enterprise, is a business firm with operations in several countries. A multinational organization is a nonprofit organization with operations in several countries.
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What will be an ideal response?
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