Which of the Following Is Likely to Present an Opportunity

question 4

Multiple Choice

Which of the following is likely to present an opportunity for MNCs to make a positive impact in developing countries?

• A) Low wage rates
• B) Lax environmental standards
• C) Adoption and exportation of best practices
• D) Underdeveloped infrastructure

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded.

Senior Discount

A reduction in the price of goods, services, or commodities offered to elderly individuals, typically those who are 65 or older.

Indirect Price Discrimination

A pricing strategy where the price variance does not directly relate to cost differences but is based on different consumer groups' ability or willingness to pay.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service, reflecting its perceived value to them.