An increasing proportion of influential financial decisions are being made in Major corporate centers such as New York, London, and Tokyo in
new global economy.
<h3>What is global economy?</h3>
The global economy serves as the economy of all humans of the world, which is the global economic system.
And this includes all economic activities which are conducted both within and between nations.
Learn more about economy at;
brainly.com/question/13628349
Answer: d. the Japanese firm will sell steel at a higher price abroad than at home.
Explanation:
Price elasticity measures the change in quantity demanded resulting from a change in price. The higher the price elasticity, the more the change.
In this scenario, the price elasticity is lower abroad than it is in Japan. The company will therefore charge a higher price abroad because they know that the quantity demanded will not change as much even if they raise prices. This is as opposed to Japan where the quantity demanded will change more if they increase prices.
The correct term would be Human-Resource Management. These are the different activities that happens in a group especially in companies to develop and maintain a good relationship between the people involved. Hope this answers the question.
