The Established Motivations Behind Global Expansion Include All of the Following

question 13

Multiple Choice

The established motivations behind global expansion include all of the following, except

• A) promoting the independence of the enterprise.
• B) gaining access to resources.
• C) expanding markets.
• D) cutting costs.

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Definitions:

Promissory Note

A financial instrument containing a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Maker

In terms of financial instruments, the maker is the party that creates or issues the instrument, such as a check or promissory note.

Payee

The party in a financial transaction who receives payment.

Note Receivable

A written promise that entitles the holder to receive a specified amount of money from another party at a future date.