Some Small Businesses Choose to Outsource Internationally in Order To

question 57

Multiple Choice

Some small businesses choose to outsource internationally in order to:

• A)avoid domestic taxes.
• B)avoid competition from other South African companies.
• C)cut costs and access talented foreign employees.
• D)take advantage of legal loopholes in foreign countries.

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Definitions:

New York Stock Exchange

A major global securities exchange located in New York City, where stocks are bought and sold.

Publicly Traded

Describes a company whose shares are available for purchase by the general public on stock exchanges, offering greater liquidity and transparency.

Maturity Date

The final payment date of a loan or other financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Bond's Principal

The face value of a bond, which is the amount the issuer agrees to pay the bondholder at the time of maturity, excluding interest payments.