The Samsung Group Sells Several Different Product Lines Around the World

question 72

Multiple Choice

The Samsung Group sells several different product lines around the world through home appliance and electronics stores. Samsung appliances and electronics have been historically made in Korea, where the company is headquartered. Recently, Samsung has been investigating the possibility of buying land and building a production plant in Tennessee, in the United States. Samsung is now operating as a(an) ______; however, if the plant is built in Tennessee, it will be operating as a(an) ______.

• A) exporter; strategic alliance.
• B) limited exporter; national marketer.
• C) limited exporter; international proprietorship.
• D) exporter; multinational enterprise.
• E) exporter; global franchise.

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Definitions:

FICA Tax

A U.S. federal payroll tax known as the Federal Insurance Contributions Act tax, which finances Social Security and Medicare benefits.

Federal Income Tax

A charge imposed by the federal government of the United States on the yearly income of individuals, corporations, trusts, and various legal entities.

Withholding Allowance

Withholding Allowance refers to an exemption that reduces the amount of income tax an employer deducts from an employee's paycheck, based on their personal and dependent status.

Federal Income Tax

An annual financial obligation required by the federal government from individuals, corporations, trusts, and other lawful entities.