The Advantages of Operating Globally Include ________

question 16

Multiple Choice

The advantages of operating globally include ________.

• A) higher profits
• B) higher employee satisfaction
• C) higher stock trading prices
• D) lower employee turnover

---

Definitions:

Marginal Product

Refers to the additional output resulting from using one more unit of a production input, holding all other inputs constant.

Capital Input

The amount of capital goods used in the production process, influencing the output.

Competitive Firms

Companies that operate in a market where there are many buyers and sellers, and they have no control over the market price of their product.

Marginal Product

The additional output generated by adding one more unit of a specific input, holding all other inputs constant.