A Globalization Strategy Can Save a Company Money Because It

question 38

True/False

A globalization strategy can save a company money because it helps reap economy-of-scale efficiencies.

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Definitions:

Stabilization

is the process of maintaining or bringing an economic system to a state of balance and reducing volatility.

Excise Tax

A tax imposed on specific goods, services, and activities, such as gasoline, alcohol, and tobacco, often included in the purchase price, used by governments to generate revenue or discourage consumption.

Regressive

A term especially used in taxation to describe a situation where the tax rate decreases as the amount subject to taxation increases.

Progressive

A political and social philosophy advocating for reforms and changes that aim to address inequality and improve the social welfare of the population.