The involvement of labor unions represents a human resource factor that firms must consider when selecting an FDI location.
Economic theory holds that foreign direct investment (FDI) favors labor-intensive, low-tech output in emerging nations while favoring industrialized nations for high-tech production. FDI typically travels to nations where it is possible to use the internalization benefits of foreign investments to combine ownership advantages with location-specific advantages of the host nations (UNCTAD, 1998). FDI typically depends on a variety of investment-related criteria, such as the investment's motivation (market, resource, or efficiency reasons), the sector of the investment (manufacturing or services), and the size of the multinational firm or investor.
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You can give numerical ratings to possible career choices to help determine if they are right for you by creating a(n) personal career profile.
Answer:
False
Explanation:
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.
Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.
Answer:
D) is used exclusively in manufacturing
Explanation:
- As the processing costs are directly related to the direct and the indirect costs of the manufacturing processes. These costs are usually assigned to large scale batch processings and assigned to every individual cost of each unit. Assigned when the company processes huge homogeneous products.
<u>Thus has the following four steps</u>:
1. Summarize the flow of all physical units of the output.
2. Compute the output in the terms of the equivalent units.
3. Summarize total costs to the account for and the Compute equivalent unit of costs.
4. Assign total costs to the units completed and to the units in ending work in the process inventory.
