Which of the Following Would Be Considered an Advantage of Global

question 42

Multiple Choice

Which of the following would be considered an advantage of global competition?

• A) ability to safeguard proprietary technology in working with offshore suppliers
• B) a recent climate of low political risk and lessening nationalization
• C) high levels of worker skills in foreign countries mean less required training
• D) strong global competition and increased worldwide demand

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Definitions:

Inventory

Goods or materials that a business holds for the purpose of resale or production.

Cash

Money in the form of coins or notes, as opposed to checks, credit, or other forms of payment.

Net Working Capital

Net working capital, a key indicator of short-term financial strength, is determined by subtracting a firm's current liabilities from its current assets, impacting its ability to meet short-term obligations.

Earnings Before Interest And Taxes

An indicator of a firm's earnings, specifically excluding the costs associated with interest and income taxes.