________ Refers to the Tendency of Firms to Extend Their

question 94

Multiple Choice

________ refers to the tendency of firms to extend their sales, ownership, and/or manufacturing to new markets abroad.

• A)Expansion
• B)Globalization
• C)Export growth
• D)Diversification

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Definitions:

Discrimination

Discrimination refers to unjust or prejudicial treatment of different categories of people, especially based on race, age, or sex.

Personal Characteristics

Attributes or features that define an individual, including traits, skills, and preferences.

Wage Difference

Wage difference is the variance in pay for different jobs or employees, often influenced by factors such as skill level, industry demand, and geographic location.

White Women

Refers generally to females of European descent or those identified through certain physical characteristics typically associated with Caucasians.