Which of the Following Statements Is True

question 77

Multiple Choice

Which of the following statements is true?

• A) Marginal analysis is a key component in the process of optimization using total value.
• B) Only direct costs are considered when the net benefits of the alternatives are calculated.
• C) In both the techniques of optimization, all costs have to be converted to the same unit of measurement.
• D) Optimization using total value calculates the change in net benefits when a person switches from one alternative to another.

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Definitions:

Expatriate

An individual who lives and/or works in a country other than their country of citizenship, often temporarily and for professional reasons.

International Commuters

Employees who live in one country but work in another, regularly traveling between the two for their job.

Adaptive IHRM Approach

HRM systems for foreign subsidiaries that will be consistent with the local economic, political, and legal environment.

Foreign Subsidiaries

Companies that are partially or wholly owned by a parent company but operate in a country different from the parent company's location.