Zibb Is a Transnational Electronics Company Based in Germany

question 98

Multiple Choice

Zibb is a transnational electronics company based in Germany. It has factories in China, Mexico, and India. The company aims to streamline its manufacturing operations for maximum efficiency and profit. To this end, Zibb adopts the best manufacturing and packaging practices from around the world. This also leads to the creation of a global mind-set that adopts ideas without regard to their origin. Which of the following international orientations has Zibb adopted?

• A) The polycentric orientation
• B) The regiocentric orientation
• C) The geocentric orientation
• D) The ethnocentric orientation

Recognize the difference between expected value and expected utility.

Determine utility levels from given income data.

Learn the concept of fair and unfair bets in the context of expected outcomes.

Understand how marginal utility of income varies with risk preferences.

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Definitions:

Dollar

The basic monetary unit used in the United States and other countries, symbolized by $.

Exports

Goods or services produced in one country and sold to buyers in another country.

Financial Account

Refers to a component of a country's balance of payments that records investments and financial transactions, including investments in foreign securities and direct investments.

Capital Account

The capital account records the exchanges of financial assets and liabilities between a country and the rest of the world, including direct investment and loans.