Ericsson,IKEA,and Other Companies Based in Sweden Have Looked Beyond Their

question 96

Multiple Choice

Ericsson,IKEA,and other companies based in Sweden have looked beyond their borders for significant growth market because:

• A)Sweden has high total annual income.
• B)Sweden has low total annual income.
• C)Sweden has a fairly small population.
• D)Sweden is landlocked geographically.
• E)Sweden has relaxed export policies.

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Definitions:

Round Answers

Round Answers indicates the practice of adjusting numerical answers to a specified degree of precision, often the nearest whole number, to simplify presentation or calculation.

Simple Interest

Simple interest is a calculation of interest that does not take into account the effect of compounding. Interest is applied only to the principal over a set period.

Monthly Basis

A timeframe or calculation done once every month or for each month.

Round Answers

A mathematical procedure of adjusting the figure to the nearest desired value or precision, often in calculations or data presentations.