A High Volume of Orders,commands,and Advice to Subsidiaries Is Associated

question 68

Multiple Choice

A high volume of orders,commands,and advice to subsidiaries is associated with

• A) ethnocentric staffing and home replication strategy.
• B) regiocentric staffing and multidomestic strategy.
• C) ethnocentric staffing and regiocentric strategy.
• D) polycentric staffing and multidomestic strategy.
• E) geocentric staffing and transnational strategy.

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Definitions:

Marginal Cost

The increase in total cost that arises from an extra unit of production.

Labor-supply Curve

A graphical representation showing the relationship between the quantity of labor supplied and the wage rate.

Leisure

Time spent away from work and other duties, free for relaxation or activities of personal choice.

Marginal Product

Marginal product is the additional output that is generated by using one more unit of a particular input, holding all other inputs constant.