To Expand a Market, an Emerging Motivation for Going Global

question 43

Multiple Choice

To expand a market, an emerging motivation for going global is to

• A) take advantage of unique features of the local market.
• B) find buyers for highly specialized products.
• C) obtain tariff reductions.
• D) extend the product life cycle.

---

Definitions:

Statutes of Limitation

Regulations specifying the outer limit for initiating legal actions after an incident has occurred.

Vandalism

The act of willfully or maliciously causing damage to property.

Consideration

An essential element in contract law that involves something of value exchanged between parties, which can include money, goods, services, or a promise to act or not act.

Statutes of Limitation

Laws that set the maximum time after an event within which legal proceedings may be initiated.