Unit 118 Flashcards
0
Q
The disruption of existing markets by flexible, fast moving businesses
A
Hypercompetition
1
Q
The integration of the worlds economy
A
Globalization
2
Q
A company which owns or controls production or service facilities outside the country in which it is based
A
Multinational
3
Q
A system operated by multinationals. It is an attempt to avoid relatively high tax rates through the prices which one subsidiary charges another for components and finished products
A
Transfer pricing
