Alternatives to Firms Locating Production Overseas Include

question 57

Multiple Choice

Alternatives to firms locating production overseas include

• A)exporting from the home country.
• B)licensing production to a local firm in the host country.
• C)ignoring the foreign market.
• D)all of the above

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Definitions:

Job

A regular activity performed in exchange for payment, typically as part of one's occupation or profession.

Job Enlargement

A method of job design that increases the number of activities in a job to overcome the boredom of overspecialized work.

Integration

The act of combining or coordinating separate elements so they work together effectively.

Differentiation

The process of deciding how to divide the work in an organization.