One Reason Why It Might Be Hard for a Company

question 89

Multiple Choice

One reason why it might be hard for a company to compare the labor costs of its facility in Jordan with the labor costs of its facility in Algeria is that ________.

• A) educational levels of the Jordanian employees may be different to those of the Algerian employees
• B) the Jordanian facility might be more labor intensive than its Algerian counterpart.
• C) Jordanian employees display different behavior and attitudes to Algerian employees
• D) inflation rates in Jordan are different to those found in Algeria

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Definitions:

Financial Management

Financial management refers to the strategic planning, organizing, directing, and controlling of financial activities such as procurement and utilization of funds of an enterprise.

Banking System

The structural network of financial institutions, primarily banks, that provide monetary transactions such as deposits, loans, and credit.

Borrowing Money

The act of obtaining funds from another party, typically a financial institution, with the promise to return the principal amount along with interest.

Issuing Stock

The process by which a company releases its shares to the public or existing shareholders to raise capital.