Cost Drivers for Globalisation Include

question 9

Multiple Choice

Cost drivers for globalisation include:

• A)Increasing levels of foreign ownership
• B)Tariffs and trade barriers
• C)Relative labour costs
• D)Converging per capita incomes
• E)Options A and B only

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Definitions:

Trucking Department

A specialized unit or department within a company responsible for the management and operation of the fleet of trucks for transportation of goods.

Order Fulfillment Department

A division within a company responsible for processing customer orders and ensuring products are delivered to customers efficiently and accurately.

Variable Costs

Costs that vary in direct proportion to the level of production or business activity.

Fixed Costs

Costs that do not vary with the level of production or sales, such as salaries, rent, and insurance.