Statement 1: Sprint Incorporated is a sports clothing manufacturing company headquartered in Italy. It established a manufacturing facility in Bangladesh to benefit of the lower cost of labor. It is an illustration of a direct international deregulation.   Statement 2: Sweet Corporation has chocolate factories located in Sweden and Switzerland, it can be considered as foreign direct investment.   Statement 3: Spotify established a customer support call center in India and Malaysia, which is referred to as direct foreign resources. Group of choices: 1-All statements are correct. 2-All statements are incorrect. 3-Statement 1 is correct but statements 2 and 3 are incorrect. 4-Statement 2 is correct but statements 1 and 3 are incorrect. 5-Statement 1 is incorrect, statements 2 and 3 are correct.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Statement 1: Sprint Incorporated is a sports clothing manufacturing company headquartered in Italy. It established a manufacturing facility in Bangladesh to benefit of the lower cost of labor. It is an illustration of a direct international deregulation.

 

Statement 2: Sweet Corporation has chocolate factories located in Sweden and Switzerland, it can be considered as foreign direct investment.

 

Statement 3: Spotify established a customer support call center in India and Malaysia, which is referred to as direct foreign resources.

Group of choices:

1-All statements are correct.

2-All statements are incorrect.

3-Statement 1 is correct but statements 2 and 3 are incorrect.

4-Statement 2 is correct but statements 1 and 3 are incorrect.

5-Statement 1 is incorrect, statements 2 and 3 are correct.

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