Companies Such as GM,GE,and Motorola Have Facilities in China and India

question 29

Multiple Choice

Companies such as GM,GE,and Motorola have facilities in China and India mainly because of the ______.

• A)tax incentives
• B)well-established Infrastructure
• C)lower labor costs
• D)availability of natural resources

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Definitions:

Market Entry And Exit

The process by which new competitors enter or existing firms exit a market, influencing competition and market dynamics.

Industry Size

The overall scale or breadth of a sector, often measured by the number of firms, employees, or the volume of production.

Profits And Losses

The financial gains earned or losses incurred by a business over a specified period.

Economic Model

A simplified representation of economic processes, used to predict and analyze real-world economic behaviors.