Which of the Following Is the Proactive Reason That Prompts

question 23

Multiple Choice

Which of the following is the proactive reason that prompts firms to expand overseas?

• A)avoiding restrictive trade barriers
• B)solving logistics-related problems
• C)responding to foreign competition
• D)seeking economies of scale

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Definitions:

Delegation

The act of assigning responsibility or authority from one person or entity to another to carry out specific activities or tasks.

Third-Party Beneficiary

A person who, although not a party to a contract, stands to benefit from the contract's execution or performance.

Enforce

To compel observance of or adherence to laws, rules, or obligations.

Incidental Beneficiary

A person who gains a benefit from a contract between two other parties, but whose benefit was not the reason the contract was created.