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Which one of the following statements is INCORRECT?
Global Business
Business activities that cross national borders, involving transactions of goods, services, or resources between parties in different countries.
Labour Costs
The total sum of all financial remunerations and benefits given to employees in exchange for their work.
Global Firms
Businesses that operate and have market presence in multiple countries around the world.
General Environment
The economic, legal-political, socio-cultural, technological, and natural environment conditions in which an organization operates.
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