Growing international interdependence and a desire for a long-term competitive advantage puts pressure on companies to:
A) be concerned about the well being of other countries.
B) take advantage of cheap labor in other countries.
C) acquire the natural resources of other countries.
D) decrease sales in the United States.
E) increase government regulation of international business.

Question

Quizplus · Accepted Answer

Growing international interdependence means that the success or failure of one country's economy can have a ripple effect on others. Therefore, companies need to be concerned about the well-being of other countries and work towards mutually beneficial relationships. This involves recognizing the social and economic needs of people in other countries and being respectful of their culture, traditions, and values. By doing this, companies can build long-term relationships that provide a competitive advantage. Taking advantage of cheap labor or acquiring natural resources may have short-term benefits, but it is not a sustainable strategy in the long-term. Increasing government regulation is also not necessarily the best solution, as it can create barriers to entry and limit opportunities for growth.

Growing International Interdependence and a Desire for a Long-Term Competitive