21-113 Which of the Following Is NOT an Advantage of Domestic

question 120

Multiple Choice

21-113 Which of the following is NOT an advantage of domestic geographic diversification?

• A)Consumer convenience.
• B)Risk diversification.
• C)Efficiency of operations.
• D)Exploitation of economies of scale.
• E)Exploitation of monopoly power.

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Definitions:

Federal Bureaucracy

The collective agencies and employees of the executive branch of the U.S. government, responsible for implementing and administering federal laws and programs.

Responsive

Characterized by the ability to react quickly and positively to changes or new situations, often used in describing systems, organizations, or individuals who effectively adapt to new conditions or demands.

Efficient

Achieving maximum productivity with minimum wasted effort or expense; effectiveness in performance.

Privatization

The process of transferring an enterprise or industry from the public sector to the private sector.