Cost Cutting in International Operations Can Take Place Because Of

question 133

Multiple Choice

Cost cutting in international operations can take place because of:

• A) lower taxes and tariffs.
• B) lower wage scales.
• C) lower indirect costs.
• D) less stringent regulations.
• E) all of the above.

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Definitions:

Small Business

An independently owned and operated company that is limited in size and revenue, depending on the industry.

Ethical Choices

Decisions made based on principles of right and wrong, often reflecting personal or societal values.

Business People

Individuals engaged in commercial, industrial, or professional activities, often with the goal of generating profits.

Sophisticated Client

A Sophisticated Client is an individual or organization with extensive knowledge and experience in a particular field, enabling them to make informed decisions regarding complex transactions or legal matters.