Which of the Following Is a Potential Advantage of Conducting

question 49

Multiple Choice

Which of the following is a potential advantage of conducting international operations?

• A) Competitors in foreign markets may not exist, or competition may be less intense than in domestic markets.
• B) Dealing with two or more monetary systems can complicate international business operations.
• C) Differing language, culture, and value systems can make communication difficult.
• D) Gaining an understanding of regional organizations is difficult but is often required in doing business internationally.
• E) All of the above

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Definitions:

Control

The process of setting standards, measuring actual performance, and taking corrective action to ensure that objectives are achieved in an organization.

Production Targets

Specific goals set for the amount of products to be produced within a certain timeframe, guiding the production process and resource allocation.

Correction Actions

Measures taken to rectify problems identified during the monitoring and controlling of a project or process.

Planning

The process of making plans for something, including strategies, operations, and resource allocation.