________ Occur(s)when Some Products or Services Are More Convenient to Use

question 37

Multiple Choice

________ occur(s) when some products or services are more convenient to use because there is a large network of other users.

• A)Network ethics
• B)Network effects
• C)Network latency
• D)Network virtualization

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Definitions:

Multinational Corporations (MNCs)

Companies that operate in multiple countries beyond their home country.

Operations

The day-to-day activities involved in running a business to produce goods or services.

Direct Quote

A quote in foreign exchange markets that specifies the domestic currency price for one unit of a foreign currency.

Political Risk

The risk associated with changes in government policy which may negatively affect domestic and foreign businesses.