Findings That Can Result in a Firm Deciding to Globalize

question 103

Multiple Choice

Findings that can result in a firm deciding to globalize include all but which of the following?

• A) wages are significantly lower in another location
• B) logistics to bring raw materials to the firm's location are difficult
• C) a pool of skilled workers is available elsewhere
• D) it is more cost effective to use local labor

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Definitions:

Abstract Thinking

The ability to consider concepts, possibilities, and ideas that are not immediately visible, tangible, or concrete.

Formal Operational

A stage of cognitive development in Jean Piaget's theory, characterized by the ability to think abstractly, logically, and systematically.

Impossible Event

A hypothetical or fictional occurrence that defies the laws of physics or logic.

Baillargeon

Baillargeon is a surname that may refer to researchers in various fields; in psychology, Renee Baillargeon is known for her work on infants' cognitive development, especially in understanding object permanence.