Indirect Exports Have Two Advantages for a Firm: Less Investment

question 88

Multiple Choice

Indirect exports have two advantages for a firm: less investment and less ________.

• A) paperwork
• B) intrusion by the government
• C) risk
• D) competition
• E) customer suits

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Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness.

Ethnic Diversity

The inclusion of individuals from a variety of ethnic and cultural backgrounds within a group or organization, enriching its social fabric.

African American

A term used to refer to citizens or residents of the United States who have total or partial ancestry from any of the black racial groups of Africa.

Hispanic American

A term used to describe Americans who are descendants of people from countries in Latin America and the Spanish-speaking Caribbean.