Which Types of Organizations Operate with the Entire World as Their

question 79

Multiple Choice

Which types of organizations operate with the entire world as their marketplace?

• A) multidomestic firms
• B) domestic organizations
• C) governmental agencies
• D) global companies

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Definitions:

Opportunity Cost

Missing potential improvements from other opportunities when a particular alternative is chosen.

Car Payments

Regular payments made towards the financing of a vehicle purchase, usually on a monthly basis.

Car Payments

Monthly payments made towards the loan taken out to purchase a vehicle.

Standard Of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographic area.