When an MNC Assesses Targets Among Countries, It Would Prefer

question 18

Multiple Choice

When an MNC assesses targets among countries, it would prefer a country where the growth potential for its industry is ____ and the competition within the industry is ____.

• A)low; not excessive
• B)high; excessive
• C)high; not excessive
• D)low; excessive

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Definitions:

Standard Deviation

A parameter that identifies the scale of variation or dispersion among data values relative to their average.

Binomial Random Variables

A type of random variable that arises from Bernoulli trials and describes the number of successes in a fixed number of trials.

Normal Approximation

Normal approximation is a statistical method that involves approximating a binomial distribution to a normal distribution under certain conditions, facilitating easier calculations.

Positively Skewed

A distribution of data where most values are concentrated on the left side, with a long tail extending to the right.