Which of the following is a primary reason that companies expand internationally?
A. Political expediency
B. Lower labor costs
C. Higher tariffs
D. More diverse employees
E. Prevention of counterfeiting
B. Lower labor costs
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.
You might also like to view...
Which one of the following statements is true regarding two random samples, drawn in the same way, from the same population, one of size 30 and one of size 300?
A. The larger sample is more likely to produce a large sample mean. B. The smaller sample will have a smaller 95% confidence interval for the mean. C. The two samples are expected to have the same sample mean. D. The smaller sample will, on average, produce a lower estimate of the variance of the population.
Virtually all speeches fulfill one of the following general rhetorical purposes EXCEPT
a. to inform. b. to persuade. c. to entertain. d. to control.
_____ involves citing the exact words from a source.?
A) ?The paraphrase method B) ?The explanatory method C) ?The direct quotation method D) ?The summary method
As financial institutions in other countries are generally less regulated than in the United States, _____.?
A. ?foreign banks invest in less socially responsible companies only B. ?foreign banks provide businesses with a greater variety of services than U.S. banks C. ?foreign banks invest to maximize investment corporations' earnings D. ?foreign banks provide investment opportunities in illegal business plans also E. ?foreign banks are required to fulfill the regulations of the Sarbanes-Oxley Act