All of the Following Are Negative Externalities in Production Except

question 143

Multiple Choice

All of the following are negative externalities in production except

• A) Secondhand smoke in a restaurant.
• B) Acid rain produced by power plants.
• C) Carbon dioxide emissions from the production of steel.
• D) Thermal pollution into a river from an electric plant.

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Definitions:

Multidomestic Strategy

A strategy whereby global firms respond to differentiated needs and preferences in each local market in which they operate.

Meganational Strategy

A strategy whereby global firms focus on increasing profitable growth by reaping cost reductions from economies of scale and other advantages of global integration.

Transnational Strategy

A strategy whereby global firms take a hybrid approach that combines the meganational and multidomestic strategies, simultaneously offering the benefits of both global and local advantages.

Location Specificity

The importance and impact of a geographical location on a business's operations, strategy, and success.