Which of the Following Are Reasons Why Companies Move into International

question 36

Multiple Choice

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

• A) To take advantage of lower production costs in regions of inexpensive labor.
• B) To develop new markets for their finished 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:

Big Five

A model in psychology that describes human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Competence

The ability to effectively perform or achieve a task or role to a specified standard.

Inborn Capacities

Natural abilities or talents that individuals are born with, not acquired through learning or experience.