US Manufacturer's Are More Likely to Invest in High Wages

question 62

True/False

US manufacturer's are more likely to invest in high wages than countries with low wages according to the Conference Board.

Understand the processes and criteria for selecting international partnerships and joint ventures.

Identify the benefits and criticisms of multinational corporations to home and host countries.

Recognize the role of culture and religion in shaping international business practices.

Understand the importance of international organizations and legal frameworks in facilitating and regulating international business.

---

Definitions:

Level Material Use

A strategy in production planning that aims for a constant rate of material use, minimizing fluctuations in inventory levels.

Repetitive Manufacturing

A production method where the same products or components are produced in a continuous flow or on a repetitive basis.

Intermittent Process

Refers to a production system where the flow of materials is irregular, handling a variety of products or services.

First Come

A principle where services or resources are allocated to recipients in the order of their arrival or request.