USMultinational Corporations Have Located Plants Producing Goods for American Markets

question 23

Multiple Choice

U.S.multinational corporations have located plants producing goods for American markets in low wage,"third-world" nations.This phenomenon is called __________.

• A)outreaching
• B)exporting
• C)outsourcing
• D)importing
• E)outlying

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Definitions:

Relationship Marketing

A strategy aimed at building long-term relationships with customers rather than focusing solely on individual transactions, emphasizing customer loyalty and engagement.

Quality Marketing

Strategies and efforts focused on creating and promoting high-quality products or services to meet customer expectations.

Sales Investment Factor

The ratio or consideration of the cost invested in the sales process to the revenue generated, used to evaluate the effectiveness of sales strategies.

Prospect Component

An element or factor that qualifies a person or business as a potential customer worthy of a salesperson’s time and effort.