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

Question

1. A parochial manager is able to consider decisions and events from a variety of viewpoints. 
2. Two of the reasons companies expand internationally are to take advantage of the availability of suppliers, or to charge tariffs or impose import quotas. 
3. The reasons that companies expand internationally typically have to do with making or saving money. 
4. Maquiladoras are manufacturing plants allowed to operate in South and Central America with special privileges in return for employing citizens in these countries. 

Answer 1

1. FALSE
Parochialism refers to a narrow view in which people see things solely through their own perspective.
2. FALSE
Companies expand internationally to take advantage of availability of supplies, new markets, lower labor costs, access to finance capital, or avoidance of tariffs and import quotas. Countries, not companies, place tariffs on imported goods or impose import quotas to protect domestic industries.
3. TRUE
There are at least five reasons why companies expand internationally. All of them have to do with making or saving money.
4. FALSE
Maquiladoras are manufacturing plants allowed to operate in Mexico with special privileges in return for employing Mexican citizens.