Internationalization Is Driven By

question 56

Multiple Choice

Internationalization is driven by:

• A)The quest for efficiency, and the quest for new markets
• B)On the demand side, the quest for new markets, and, on the supply side, the quest to acquire new resources and capabilities
• C)First, the internationalization of customers, and, second, the emergence of cheap labor countries
• D)First, the emergence of cheap labor countries, and, second, lower transport costs

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Definitions:

Food Chain

A linear sequence of organisms through which nutrients and energy pass as one organism eats another.

Top Predator

A top predator, often situated at the apex of a food chain, is an organism that is not preyed upon by any other in its natural environment.

Stored Energy

energy in a system or object that is not being used and can be released to do work; also known as potential energy.

Annual Productivity

The total amount of goods and services produced by a country or an organization in one year.