International Firms Build Effective Relations with National Governments Through Which

question 28

Multiple Choice

International firms build effective relations with national governments through which of the following:

• A) Contributing jobs and technologies to the national economy
• B) Administering local operations from foreign-based headquarters
• C) Importing materials and expertise from abroad
• D) Withdrawing or downsizing operations during national economic downturns.

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Definitions:

High-Tech Industries

Sectors involving the development and production of technology products or services, characterized by high levels of research and development and rapid innovation.

Monopoly

A market structure characterized by a single seller, selling a unique product in the market with no close substitutes, often leading to higher prices for consumers.

Transparency International

A non-governmental organization that aims to combat global corruption and promote transparency, accountability, and integrity in all sectors.

ISO 7000 Code

A collection of internationally recognized symbols published by the International Organization for Standardization that facilitate the use of products and services.