________ Can Enable Firms to Learn the Technology, Culture, and Business

question 108

Multiple Choice

________ can enable firms to learn the technology, culture, and business practices of other people and to make contacts with potential customers, suppliers, creditors, and distributors in foreign countries.

• A) Economies of scale
• B) Joint ventures
• C) Low-cost production facilities
• D) Reduced tariffs
• E) Domestic operations

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Definitions:

Big Picture

An overall or comprehensive view or perspective of a situation or problem.

Advantages

Benefits or positive aspects that contribute to achieving success, efficiency, or effectiveness in a particular context.

Writer

An individual engaged in the act of creating written content, ranging from literary work to technical documentation.

Transitional Word

A word or phrase that helps to smoothly connect ideas between sentences or paragraphs in written text.