Which of the Following Is One of the Advantages Associated

question 26

Multiple Choice

Which of the following is one of the advantages associated with multinational corporations?

• A) They have easy access to financial resources.
• B) They have the ability to shift production from one country to another.
• C) They have no need to be concerned about foreign currency regulations.
• D) They have no need to worry about social and cultural issues.

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Definitions:

Sunk-Cost Fallacy

A cognitive error where past investments of time, effort, or money are taken into account when making a decision, even though they cannot be recovered.

Loss Aversion

The tendency to strongly prefer to avoid losses compared to attempting to acquire gains.

Hindsight Bias

The inclination to see events as having been predictable, after they have already occurred.

Confirmation Bias

The inclination to seek out, understand, prefer, and remember data in a manner that affirms someone's already held beliefs or assumptions.