Multinational Corporations (MNCs) Are Increasingly Setting Up Regional Headquarters in Global

question 31

True/False

Multinational corporations (MNCs) are increasingly setting up regional headquarters in Global South countries to take advantage of lower wages and high skills.

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and accept the risks of a business venture in order to make a profit.

Ethical Decisions

Ethical decisions are choices made based on moral principles and values, aimed at doing what is right and beneficial for the majority, often involving considerations of fairness, justice, and respect for others.

Narrowly Defined

Describing something in a very specific, limited manner, often focusing on a small scope or detail.

Ethical Perspective

The consideration of moral principles and values in decision-making processes, often guiding an individual or organization's behavior.