Domestic Firms Operating Abroad May Find It Economically Beneficial to Adopt

question 57

Multiple Choice

Domestic firms operating abroad may find it economically beneficial to adopt environment-friendly standards because

• A)foreign nations may be upset if firms do not use the environment-friendly technology.
• B)the least-cost strategy usually involves the adoption of one set of environment-friendly technology rather than multiple standards.
• C)they may be forced to replace the old technology whenever the foreign country experiences positive economic development.
• D)their environment-unfriendly technology may be replaced by foreign-based technology.

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Definitions:

Midlife Transition

A period typically occurring in middle adulthood when individuals reassess their life goals, achievements, and direction, often leading to significant life changes or adjustments.

Physical Deterioration

The gradual decline in the physical condition and functionality of the human body as a result of aging or disease.

Unachieved Goals

Objectives or targets that have not been reached or accomplished.

Social Activities

Interactions among people that involve communication, sharing, participation, and often collaboration towards a common goal or for entertainment.