According to the Text,one Expectation by Companies That Adopted the Global

question 29

Multiple Choice

According to the text,one expectation by companies that adopted the global organizational form was that this change may

• A) permit them to obtain cheaper labor.
• B) be more capable of developing strategies to confront new global competition.
• C) enable them to get lower interest rates to finance expansion.
• D) enable them to avoid regulation.
• E) guarantee them lower production costs by larger market share.

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Definitions:

Cash in Hand

Refers to the amount of currency and negotiable instruments that are immediately available for business transactions or expenses, not deposited in a bank or invested.

Total Debts

The sum of all liabilities, or the total amount of money that a person or entity owes to creditors.

Inventory Turnover

A measure of how quickly a company sells and replaces its inventory over a certain period, indicating the efficiency of inventory management.

Net Income

Net income represents the total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue, indicating the actual profit made during a specified period.