What Does Resource-Seeking Strategies Imply

question 14

Multiple Choice

What does resource-seeking strategies imply?

• A) MNCs establishment of a subsidiary
• B) MNCs plan to make their global operations more efficient
• C) Specific resources for MNCs in different countries
• D) MNCs buying up assets
• E) The location of light manufacturing and assembly plants in low-wage countries

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Definitions:

Receipts

Written acknowledgments of having received something, typically used for transactions and proof of payment.

Accrual Basis

An accounting method that records revenues and expenses when they are earned or incurred, regardless of when the cash is actually received or paid.

Cash Basis

An accounting method where revenues and expenses are recognized when cash is received or paid, not when incurred.

Operations

The day-to-day activities required for the running of a business or an organization, focusing on the production and delivery of goods and services.