IBM Is Headquartered in Armonk,New York,but More Than 70% of Its

question 21

Multiple Choice

IBM is headquartered in Armonk,New York,but more than 70% of its employees work for the company outside of the U.S.What is given as a major reason for this in the text?

• A) IBM is following Coca-Cola and Sony corporate strategies.
• B) Two-thirds of its revenue and most of its growth are occurring outside the U.S.
• C) Bottom-of-the-pyramid effects on technology consulting.
• D) High corporate tax rates in the U.S. are driving firms offshore.

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Definitions:

Inventory Carrying Costs

Expenses related to holding or storing inventory, including warehousing, insurance, depreciation, and opportunity costs.

Straight Salary

Straight salary refers to a fixed amount of pay given to employees irrespective of the number of hours worked or the quantity of work done, typically provided on a regular basis like weekly or monthly.

Retail Stores

Physical outlets where goods are sold directly to the public, usually from a specific location or premises.

Nonprofit Organization

An organization that operates for purposes other than making profits for its owners or shareholders, often focusing on social, educational, or humanitarian objectives.