Which of the Following Is a Likely Reason That Firms

question 78

Multiple Choice

Which of the following is a likely reason that firms globalize?

• A) avoid strategic stagnation
• B) achieve economies of scale
• C) concentrate the firm's revenue stream
• D) increase dependence on home country sales

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Definitions:

Dialectics

Hegel’s view of society as the result of oppositions, contradictions, and tensions from which new ideas and social change can emerge.

Class Conflict

The tension or antagonism which exists in society due to competing socioeconomic interests and desires between people of different classes.

Idealism

The belief that the human mind and consciousness are more important in understanding the human condition than is the material world.

Alienation

The feeling of being isolated or disconnected from one’s social surroundings, work, or sense of self, often discussed in sociology and psychology.