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Which of the following management functions changes when a business operates internationally?
European Union
A political and economic union of 27 European countries that participate in a single market allowing free movement of goods, services, capital, and people.
A multinational technology company specializing in Internet-related services and products, including search engines, online advertising technologies, and software.
Monopolistic Market
A market structure characterized by a single seller who has exclusive control over a product or service, limiting competition.
Marginal Cost
The cost associated with the production of an additional unit of a good or service.
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