Which of the Following Are Reasons Why Companies Move into International

question 20

Multiple Choice

Which of the following are reasons why companies move into international operations?

• A) To take advantage of lower production costs in regions where labor costs are relatively low.
• B) To develop new markets for the firm's products.
• C) To better serve their primary customers.
• D) Because important raw materials are located abroad.
• E) All of the above.

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Definitions:

Landmarks

Landmarks are recognizable natural or man-made features used for navigation, often serving as symbols or historical markers of a location.

Misinformation Effect

The phenomenon where a person's recall of episodic memories becomes less accurate because of post-event information.

Memory

The faculty by which the mind stores and remembers information, allowing learning and adaptation from past experiences.

Misleading Information

Incorrect or misleading facts presented to an individual, which may affect their perceptions, decisions, or memories.