Which of the Following Corresponds to a Global Competitive Challenge

question 75

Multiple Choice

Which of the following corresponds to a global competitive challenge that influences a U.S company?

• A)Changing employees' and managers' work roles
• B)Placing increased value on human capital
• C)Providing a return to shareholders
• D)Preparing employees to work in foreign locations
• E)Developing e-commerce

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Definitions:

Current Account Items

Transactions that involve the trade of goods and services, income from foreign investments minus payments made to other countries, and cash transfers, within a country's balance of payments.

Export-Type Entries

Records or transactions that represent the sale of goods and services from one country to consumers in another country.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

Aggregate Output

The total value of goods and services produced in an economy over a specific period of time.