Which of the Following Is Correct Regarding the Levels of Foreign

question 154

Short Answer

Which of the following is correct regarding the levels of foreign involvement a business can exhibit?
Importing and exporting represent the highest level of involvement in international operations.
Exporters and importers tend to conduct most of their business in foreign markets.
Only large companies are exporters.
An international firm conducts a significant portion of its business abroad, and it usually manufactures the vast majority of its products in foreign countries.
For multinational firms, the location of its head office is largely irrelevant.

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Definitions:

Consistent

Showing steady conformity to a particular pattern, standard, or set of rules over time.

Over Time

A period extending beyond the usual hours of work, often associated with additional pay; or gradually through a period.

Implicit Contract

An unwritten and unspoken agreement between individuals, often based on common norms or expectations.

Formal Contract

A legally binding agreement between parties, outlined in a document with specific terms and conditions.