The Growing Number of Global Competitors Heightens the Requirements to Keep

question 39

True/False

The growing number of global competitors heightens the requirements to keep costs down and there is the desire for more specialized products to meet customer needs.These two pressures make transnational strategies increasingly necessary.

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Definitions:

Corporations

Businesses that are legally recognized as separate entities from their owners, having their rights and liabilities.

Single Taxation

A tax system where income is taxed only once, typically referring to how corporate profits are taxed at either the corporate or shareholder level but not both.