It Is True with Respect to Global Outsourcing That

question 91

Multiple Choice

It is true with respect to global outsourcing that

• A) many major U.S. clothing companies make their own apparel
• B) most garment manufacturers directly employ garment workers
• C) clothing manufacturers own the factories where their clothes are made
• D) the system of global outsourcing of clothing provides job security for garment workers
• E) one trend in global production is the emergence of giant transnational corporations in parts of Asia

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Definitions:

Fixed Budget

A Fixed Budget is a financial plan that allocates set amounts to specific categories or operations, without adjusting for changes in volume or activity levels.

Predicted Amount

An estimated figure or value anticipated based on current trends, analysis, or modeling.

Sales

The transactions involving the exchange of goods or services for money, constituting the primary revenue for most businesses.

Price Variance

The difference between the actual cost of a product or service and its standard or expected cost.