An Advantage of Exporting as a Global Expansion Entry Mode

question 43

Multiple Choice

An advantage of exporting as a global expansion entry mode is that:

• A) scale economies are provided.
• B) low cost sites are available.
• C) transportation costs are generally lower.
• D) it is considered responsive to local needs.
• E) trade barriers may be removed.

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Definitions:

Employment-At-Will

A legal doctrine stating that an employer can terminate an employee at any time without any reason, as long as the reason is not illegal, and vice versa for the employee.

Bona Fide

Genuine, real, or conducted in good faith without any intention to deceive.

Collective Bargaining

The process in which labor unions and employers negotiate the terms of employment, including wages, hours, and working conditions.

Termination

The process of ending an employee's contract or employment with an organization, possibly due to various reasons such as redundancy or misconduct.