Large Countries Have an Advantage Over Small Countries in Technology-Intensive

question 22

Multiple Choice

Large countries have an advantage over small countries in technology-intensive and capital-intensive industries,because:

• A)They can influence the rest of the world's technical standards
• B)Small markets discourage ambition among the firms that serve them
• C)A large home market facilitates exploitation of scale economies
• D)Large countries tend to have superior educational systems

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Definitions:

Empowerment Of Workers

The process of giving employees greater control, autonomy, and decision-making power within their workplace.

Functional Autonomy

A principle in psychology that pertains to how motives can become independent from their origins and demonstrate new patterns of behavior.

Functional Autonomy

A concept in psychology that refers to a behavior or motive that has become independent of its original cause or source, serving its own purpose.

Company Marketing Opportunity

A situation or condition that a company can exploit to increase its market share, sales, or brand awareness.