Iman Fashions Specializes in Plus Size Clothing for Men and Women

question 92

Multiple Choice

Iman Fashions specializes in plus size clothing for men and women. They started as a small business in Florida and went on to start seventy successful stores across the United States. The company is planning to locate facilities in other countries like China to take advantage of the low cost of production in those countries. This would make it a _____ company.

• A)facilitating
• B)domestic
• C)host
• D)universal
• E)multinational

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Definitions:

Marginal Utility

The additional satisfaction or utility gained from consuming or using one more unit of a good or service.

Interest Rate

The percentage of a sum of money charged for its use, which can be seen as the cost of borrowing money or the return on saving.

Rule Of 70

A method used to estimate the number of years it will take for a variable to double, calculated by dividing 70 by the annual growth rate.

Interest Rate

The proportion of a specified sum that is added as a charge for borrowing it, usually stated as an annual rate.