Which of the Following Is True of U

question 79

Multiple Choice

Which of the following is true of U.S.businesses in the current globalized world?

• A) Companies generally offshore to service providers located in countries with higher labor costs but with proven technical expertise.
• B) As fuel costs have risen and security issues become more prominent,many companies have begun to relocate outsourced operations closer to home.
• C) Nearshoring to locations such as Mexico or the Caribbean nations reduces supply chain risk but leads to higher costs.
• D) Nearshoringgives the supplier a chance to make its presence known at a local level but locates manufacturing farther away from major demand centers.

---

Definitions:

Null Hypothesis

A hypothesis that suggests there is no significant difference or effect, serving as a default position until evidence suggests otherwise.

Statistical Significance

A determination that a relationship between variables or a difference between groups is likely not due to chance, based on a predetermined threshold.

Reject

In the context of statistical hypothesis testing, to conclude that the evidence is sufficiently strong to discard the null hypothesis.

Binge Drinking

The consumption of an excessive amount of alcohol in a short period of time, typically defined as five or more drinks for men and four or more drinks for women in about two hours.