Which of the following statements is NOT true about risk as it affects companies' choice of locations for foreign operations?
A)Companies and their managers differ in their perception of what is risky.
B)One company's risk may be another company's opportunity.
C)There are means to reduce risk other than avoiding locations.
D)Companies choose the cheapest location regardless of risks.

Question

Quizplus · Accepted Answer

This statement is not true because companies do not solely choose the cheapest location regardless of risks. They carefully consider the potential risks and benefits of a location before making a decision.

Which of the Following Statements Is NOT True About Risk