Which of the Following Statements Is True About the Firm-Level

question 92

Multiple Choice

Which of the following statements is true about the firm-level consequences of market globalization?

• A)The globalization of markets has narrowed down new business opportunities for internationalizing firms.
• B)Globalization drives firms to relocate key value-adding activities to the most advantageous locations around the world.
• C)A firm's value chain is not subject to internationalization.
• D)Through offshoring, a firm relocates a major value-chain activity by establishing a factory or subsidiary in the home market.

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Definitions:

Immigrants

Individuals who leave their country of origin to live permanently in another country.

Muslim Fundamentalists

Individuals or groups advocating for a return to the original principles of Islam, sometimes through strict adherence to Sharia law.

Russian Army

The land-based military force of the Russian Federation, successor of the Soviet Army, and one of the leading military forces globally.

Xenophobia

An irrational fear or hatred of foreigners or anything perceived as foreign or strange.