Full file at https://testbankuniv.eu/Better-Business-Canadian-2nd-Edition-Solomon-Test-Bank Solomon: Better Business, Second Canadian Edition Chapter 2: The Environment of Business
Answer: d Diff: 2 Type: MC Page Reference: 24 Objective: 2.2 Explain how managers use the PEST model to analyze external business opportunities and threats. 12) Identify one of the following factors that BEST describes why many multinational companies seek technology services and manufactured products in countries like India. a. They manufacture higher-quality products. Incorrect: Developing countries like India tend to have less expensive labour than a country like Canada, allowing products to be produced more cheaply. While any of the other factors may be true of developing countries, lower productions costs are the main reason that multinational companies ship work overseas. b. They are environmentally conscious. Incorrect: Developing countries like India tend to have less expensive labour than a country like Canada, allowing products to be produced more cheaply. While any of the other factors may be true of developing countries, lower productions costs are the main reason that multinational companies ship work overseas. c. They produce goods more cheaply. Correct: Developing countries like India tend to have less expensive labour than a country like Canada, allowing products to be produced more cheaply. While any of the other factors may be true of developing countries, lower productions costs are the main reason that multinational companies ship work overseas. d. They are closer to the targeted consumer. Incorrect: Developing countries like India tend to have less expensive labour than a country like Canada, allowing products to be produced more cheaply. While any of the other factors may be true of developing countries, lower productions costs are the main reason that multinational companies ship work overseas. Answer: c Diff: 2 Type: MC Page Reference: 24-25 Objective: 2.2 Explain how managers use the PEST model to analyze external business opportunities and threats. 13) Danielle recently lost her job at a customer service call centre because her job was outsourced to India. Which of the following is the BEST course of action for Danielle to recover from this setback? a. find a job at another call centre Incorrect: While finding a new call centre job may be a short-term solution, there is no guarantee that this job will not also be outsourced. Instead, Danielle is better off learning new skills that will allow her to compete in the global economy and give her job security. b. boycott the company that shipped her job overseas 7 Copyright Š 2016 Pearson Canada Inc.
Full file at https://testbankuniv.eu/Better-Business-Canadian-2nd-Edition-Solomon-Test-Bank