In Terms of the Global Marketplace,there Are Three Primary Types

question 121

Multiple Choice

In terms of the global marketplace,there are three primary types of companies: international firms,________ firms,and transnational firms.

• A)large-scale
• B)conglomerate
• C)intercontinental
• D)cosmopolitan
• E)multinational

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Definitions:

Manufacturing Costs

The total expenses involved in producing a product, including materials, labor, and overhead costs.

Geographic Information Systems

Systems used for storing, manipulating, and analyzing geographical data.

Centre-of-Gravity

A geographical strategy tool used in supply chain management to determine the best location for facilities by minimizing transportation costs.

Factor Rating

A quantitative decision-making technique used in operations management for evaluating alternative options or locations by assigning weights to various factors based on their importance.