In the Context of Technological Advancements,outsourcing,and Offshoring,multinational Corporations Have Moved

question 46

Multiple Choice

In the context of technological advancements,outsourcing,and offshoring,multinational corporations have moved certain production activities overseas to capitalize on _____.

• A) increasing costs
• B) cheap labor resources
• C) larger markets
• D) higher purchasing power

---

Definitions:

Major Steps

Significant actions or measures taken to achieve an objective or complete a process.

Registered Outstanding Mortgage

A mortgage that is officially recorded and still has an outstanding balance not yet paid off.

Purchase Agreement

A legally binding contract outlining the terms and conditions under which a transaction (sale and purchase) of goods, services, or property is made.

Assumption

The act of taking on a duty, responsibility, or belief, often based on a logical premise or evidence.