Nescat Autos, an Automobile Manufacturing Company, Developed a Secondary Market

question 62

Multiple Choice

Nescat Autos, an automobile manufacturing company, developed a secondary market for its products in a foreign country. This allowed the company to minimize its losses when its primary market failed to generate enough revenue to benefit the company. In this scenario, which of the following is most likely to have influenced Nescat Autos's decision to set up a market in another country?

• A) Inflow of innovation
• B) Reduced risk
• C) Access to factors of production
• D) Growth of domestic industries

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Definitions:

Compadrazgo

A cultural practice in Hispanic communities involving a formal relationship between parents and their child's godparents, facilitating social and spiritual bonds.

Familism

A social structure where the needs and interests of the family are more important and prioritized over the needs of any of the individual family members.

Machismo

A cultural emphasis on masculinity and male dominance, valuing traits such as assertiveness, bravery, and the provision for one's family.

Domestic Chorses

Regular tasks or duties performed around one's home, such as cleaning, cooking, and home maintenance. Correct term should be "chores".