What Is the Correct Sequence for the Phase Model of Globalization

question 76

Multiple Choice

What is the correct sequence for the phase model of globalization?

• A)exporting;wholly owned affiliates;cooperative contracts;strategic alliances  
• B)exporting;cooperative contracts;wholly owned affiliates;strategic alliances  
• C)exporting;cooperative contracts;strategic alliances;wholly owned affiliates  
• D)exporting;strategic alliances;cooperative contracts;wholly owned affiliates

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Definitions:

Fixed Manufacturing Overhead

Indirect manufacturing costs that do not change with the level of production, such as salaries of managers and depreciation of factory equipment.

Estimated Labor-Hours

A projection of the total hours of work required to complete a task or project.

Variable Manufacturing Overhead

The indirect, variable costs associated with manufacturing a product, which change in proportion to production volume.

Fixed Manufacturing Overhead

Refers to the regular, consistent expenses incurred in the operation of a manufacturing facility that do not vary with production volume, including salaries of permanent staff, rent, and insurance.