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:

Component Parts

Component parts are individual pieces or elements that make up a product, which can be replaced or repaired independently of the rest of the product.

Defective Parts

Components or elements of a product that are faulty or not functioning as intended.

Statute of Repose

A law that sets an absolute deadline for initiating legal action, regardless of when an injury or damage is discovered.

Statute of Limitations

A statute defining the ultimate period post-event for the start of legal actions.