The Costs of Production May Be Lowered If a Firm

question 37

Multiple Choice

The costs of production may be lowered if a firm ships unassembled goods to a free trade zone (FTZ) in an importing country because

• A) wages and other overheads may be higher in an FTZ.
• B) locally produced components do not qualify for tariffs.
• C) unassembled goods may qualify for lower freight rates.
• D) the finished goods cannot be exported to other countries.
• E) goods imported in an FTZ qualify for the same level of tariffs as other imported goods.

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Definitions:

Cost Per Recruit

The total expense incurred by an organization to hire a new employee, including advertising, interviewing, testing, and training costs.

Success Rate

A measure of the proportion of successful outcomes compared to total attempts, often used in evaluating performance.

Niche Requirements

Specific needs or conditions required by a business or organism to thrive in a particular niche or environment.

Recruiter Habits

The propensity of a recruiter to rely on methods, systems, or behaviours that led to past recruitment success.