One of the Ways in Which Multinational Corporations Lower Their

question 56

True/False

One of the ways in which multinational corporations lower their expenses is by shipping work to countries with lower labor costs.

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Definitions:

Technological Advances

Improvements in technology, which typically lead to more efficient production processes, new products, or improved ways to perform tasks.

Diffusion

The process through which new ideas, products, or practices spread within a population or society.

Expected Rate of Return

The anticipated amount of profit or loss an investment is likely to generate, typically expressed as a percentage of the investment's initial cost.

R&D Expenditure

Refers to the funds allocated by a business or government for the purpose of researching and developing new products, processes, or services.