BCD Industries Has Made Arrangements to Have the Computer Components

question 65

Multiple Choice

BCD Industries has made arrangements to have the computer components tat they manufacture be assembled overseas. This is an example of:

• A) a transnational strategy.
• B) a domestic strategy.
• C) a global strategy.
• D) telecommuting.
• E) offshoring.

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Definitions:

Prime Rate

The interest rate that commercial banks charge their most creditworthy customers, usually large corporations.

Repayment Schedule

A detailed plan of the amounts and timing of payments to be made on a loan.

Loan

An amount of money lent out that is to be returned with a specified interest.

T-Bill

Treasury Bill, a short-term government security issued at a discount from the face value and pays no interest before it matures.