In Some Industries Where Pressures for Globalization Are Relatively Low

question 54

Multiple Choice

In some industries where pressures for globalization are relatively low, local firms may possess some skills and assets that are transferable overseas, thus leading to a(n) _____ strategy.

• A)Defender
• B)Extender
• C) Dodger
• D) Contender

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Definitions:

Disposable Income

The financial resources that remain for saving and spending in households, following the deduction of income taxes.

State and Federal Income Taxes

Taxes imposed on individuals and businesses by state and the federal government based on the income earned within the tax year.

Necessities

Essential goods or services required for basic living and sustaining human life, often including food, water, shelter, and clothing.

Technology

Inventions or innovations from applied science or engineering research.