What Are Mini-Multinationals

question 39

Multiple Choice

What are mini-multinationals?

• A)Multinational firms from relatively small countries in terms of area
• B)Multinationals from the developing nations of the world
• C)Multinational firms that operate in only one foreign country
• D)Medium-sized and small multinationals
• E)Subsidiaries of large multinationals in foreign countries

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Definitions:

Work Sampling

A statistical technique used for analyzing the work performance and estimating the proportion of time spent by workers on different activities.

Stopwatch Time Study

A method of work measurement used to establish standard times for activities by observing and timing tasks using a stopwatch.

Simultaneous Motion Study

A technique in industrial engineering where tasks are analyzed in detail to identify and minimize wasted motions, enhancing efficiency.

Predetermined Time Standards

Established benchmarks for the time required to complete specific tasks, used for planning and evaluating productivity.