Growing Competition Between Multinational Corporations Has Led Big Corporations to Cut

question 121

Multiple Choice

Growing competition between multinational corporations has led big corporations to cut costs by building more and more branch plants in:

• A)high-wage,high-tax countries
• B)high-wage,low-wage countries
• C)low-wage,low-tax countries
• D)low-wage,high-tax countries
• E)none of these choices

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Definitions:

Forecasting

The process of making predictions about the future based on past and present data and analysis of trends.

Exponential Smoothing

A forecasting technique that applies diminishing weights to past observations, with recent observations given more weight than older observations.

Weights

Factors that adjust the importance or influence of different items in a calculation, often used in statistical analysis and algorithms.

Linear Trend

A trend that consistently increases or decreases at a steady rate over a period of time.