When Deciding Whether to Build, Borrow, or Buy as a Means

question 45

True/False

When deciding whether to build, borrow, or buy as a means of growth, firms no longer need to consider the need for physical closeness to their resource partners.

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Definitions:

Tariff

A tax imposed by a government on imported or exported goods to regulate trade.

Quota

A trade limitation enforced by the government that restricts the quantity or financial value of products that may be exported or imported within a certain timeframe.

Revenues

Revenues represent the total income generated by a business from its primary activities, such as sales of goods or services, before any costs or expenses are deducted.

Government

The organization, or group of individuals, recognized by the populace as having the authority to govern a political state, including creating and enforcing laws.