Globalization of the Location Decision Is the Result of All

question 227

Multiple Choice

Globalization of the location decision is the result of all EXCEPT which of the following?

• A) market economics
• B) higher quality of labor overseas
• C) ease of capital flow between countries
• D) high differences in labor costs
• E) more rapid, reliable travel and shipping

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Definitions:

Level Of Significance

A threshold in statistical hypothesis testing, determining the probability of rejecting the null hypothesis when it is actually true, often denoted by alpha (α).

Standardized Test

An assessment administered and scored in a consistent, or "standard", manner, often used in education to measure proficiency.

Programs

Sequences of instructions for a computer to execute tasks, also known as software.

Wilcoxon Rank Sum Test

A non-parametric statistical test used to compare two independent samples, determining whether their populations have identical distribution characteristics.