When a firm operates globally it offers advantages such as
A)greater political power at home
B)bless taxes on its profits
C)greater negotiating power with foreign minority groups
D)greater negotiating power with labor unions

Question

Quizplus · Accepted Answer

When a firm operates globally, it can gain greater negotiating power with labor unions by strategically moving operations to countries with more flexible labor laws and lower labor costs. This can give the firm leverage in negotiating wages and other benefits for its employees. However, global operations may not necessarily result in greater political power at home or lower taxes on profits. Additionally, negotiating power with foreign minority groups may depend on various factors such as cultural sensitivity and local regulations.

When a Firm Operates Globally It Offers Advantages Such as