Transnational Strategy Promotes Innovation Because Of

question 60

Multiple Choice

Transnational strategy promotes innovation because of:

• A) Effective global learning.
• B) The standardization of the operation process.
• C) Economies of scale and scope.
• D) Easier access to natural resources.

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Definitions:

Tax

A mandatory financial charge or a type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive, representing a measure of producer welfare.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, reflecting the economic benefit to consumers.

Tax

An obligatory financial obligation or other form of levy placed on a taxpayer by a government agency to fund government operations and diverse public spending.