Which of the Following Statements About Foreign Nationals Is True

question 32

Multiple Choice

Which of the following statements about foreign nationals is true?

• A)Most foreign nationals are hired to fill sales positions.
• B)A Mexican engineer who is employed in the U.S.by a U.S.wholesaling company is called a host-country national.
• C)A U.S.marketer who is employed in Australia by a U.S.banking company is referred to as a second-world national.
• D)A German engineer who is hired by a Japanese company to work on an engineering project in Germany is an example of a host-country national.
• E)Culture has no impact on searches for job applicants that have high-tech skills.

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Definitions:

Marginal Cost

Marginal cost represents the increase or decrease in the total cost of production when the quantity produced is incremented by one unit.

Purely Competitive Firm

A business that operates in a market with many buyers and sellers, where each firm has no control over the market price and produces a homogeneous product.

Maximize Profit

The economic goal of efficiently allocating resources in production to achieve the highest possible return or profit.

Start-up Firms

New business ventures that are in the early stages of operation, often characterized by innovative products or services and high growth potential.