Into Which Category of Multinational Is IBM Most Likely to Fall

question 10

Multiple Choice

Into which category of multinational is IBM most likely to fall?

• A) raw materials seeker
• B) market seeker
• C) cost minimizer
• D) all of the above

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Definitions:

Opportunity Cost

The cost of foregone alternatives, the value of the best alternative given up when a decision is made.

Wage Increases

Adjustments made to the salary of employees, typically to account for inflation, performance, or changes in the cost of living.

Leisure

Free time available to an individual excluding time spent on work, domestic activities, and essential needs.

Labor Market

The supply of available workers in relation to available work, influenced by factors such as wages, demand, and employment laws.