Global Coordination of All of the Major Business Functions Permits

question 34

Multiple Choice

Global coordination of all of the major business functions permits the location of business activity according to

• A)comparative advantage.
• B)social norms and values.
• C)competitive threat.
• D)knowledge base.
• E)labor costs.

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Definitions:

General Cash Offering

A public sale of securities in which the proceeds are used to fund general business activities and not earmarked for a specific project.

Rights Offering

An issue of rights to existing shareholders allowing them to buy additional shares directly from the company at a discount before a public offering.

Seasoned Issue

A new offering of stock to the public from a company that has previously issued securities to the public.

Indirect Costs

Costs that are not directly tied to a specific project or product, such as administration, personnel and security costs.