Which of the Following Is the Primary Disadvantage of Using

question 107

Multiple Choice

Which of the following is the primary disadvantage of using expatriates to fill foreign subsidiary management positions?

• A) high costs associated with relocation
• B) time and effort required for training
• C) inability to create short-term results
• D) cultural difficulties
• E) security concerns

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Definitions:

Relatively Elastic

Describes a situation where a small change in price leads to a significant change in quantity demanded or supplied.

Marginal Revenue

The additional income received from selling one more unit of a good or service, vital for decision-making in firms.

Total Revenue

The overall amount of money received by a firm from selling its goods or services, calculated by multiplying the price by the quantity sold.

Output

The total quantity of goods or services produced by an individual, firm, or country over a specified period.