Which of the Following Is Most Likely a True Statement

question 85

Multiple Choice

Which of the following is most likely a true statement about companies' acquisition of resources/assets abroad?

• A)Regardless of industry, cheap labor is the most sought after resource.
• B)Resource availability limits a firm's production location choices.
• C)Regardless of industry, raw materials are the most sought after resource.
• D)Risks are higher for resource-seeking than for sales-seeking foreign operations.

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Definitions:

Test Statistic

A calculated value used in a statistical test to decide whether to support or reject the null hypothesis.

One-sample T Test

A statistical test used to compare the mean of a single sample to a known mean or expected value, to see if there is a significant difference.

Normal Population

A population with a distribution that follows the normal (Gaussian) curve, where most measurements are centered around the mean.

Sample Mean

The average value calculated from a sample of data, often used as an estimate of the population mean.