The Cost and Availability of Local Capital Are a Major

question 62

Multiple Choice

The cost and availability of local capital are a major concern for MNEs because local financing provides much of the capital needed for mass production and operations. This is a component of

• A) cost savings
• B) investment incentives
• C) financing cost
• D) none of the above

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Definitions:

Operate

To control the functioning of; to use and manage a device, machine, process, or system.

Cross-functional Teams

Teams composed of members from different departments within an organization, brought together to achieve a specific goal.

Specialty Areas

Specific fields or areas of expertise within a broader discipline or industry.

Identify

To recognize and name someone or something based on their characteristics or qualities.