The ___________ are the archetype of the modern multinational firm that goes overseas to produce and sell in foreign markets.
a) cost minimizers
b) market seekers
c) raw-material seekers
d) whaling companies
Ans: b) market seekers
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Which of the following concepts helps to explain why communication can fail?
A) Transmission B) Medium C) Barriers D) Encoding E) Interaction
Which of the following limitations does NOT apply to the government in civil proceedings to take a person's liberty or property?
a. Procedural Due Process b. The Takings Clause c. Substantive Due Process d. The Equal Protection Clause
When people use the term "corporation" without specifying which type, they are generally referring to a(n) _____.
A. statutory close corporation B. nonprofit corporation C. S corporation D. C corporation
In pledging accounts receivable, the percentage advanced against the adjusted collateral is determined by the borrower based on its overall evaluation on the quality of the acceptable receivables and the expected cost of the liquidation
Indicate whether the statement is true or false