In the Context of the Strategies for Reaching Global Markets

question 54

Multiple Choice

In the context of the strategies for reaching global markets, which of the following is a disadvantage of foreign outsourcing?

• A) The returns on investment are diminished.
• B) The adherence to ethical standards by foreign producers is at risk.
• C) The cost of production becomes irrecoverable.
• D) The foreign company needs to pay high wages to the workers.

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Definitions:

Plaintiff

The party who initiates a lawsuit in civil court, claiming to have incurred loss or damage as a result of the defendant's actions.

Tort of Defamation

Legal wrong involving the communication of a false statement that harms the reputation of an individual, business, product, group, government, religion, or nation.

Emotional Distress

A legal term describing significant mental suffering or anguish that arises from an incident caused intentionally or by negligence.

Injurious Falsehood

A false statement made maliciously that causes actual damage to a person's business or property.