Score 1 of 1 6 intel produces microchips in china and

This preview shows page 2 - 3 out of 7 pages.

Score: 1 of 1 6. Intel produces microchips in China and Costa Rica using subsidiaries that it owns. Mattel, in contrast, contracts with firms in several different countries to produce the Barbie doll, which it then imports to the United States. Which of the following statements about the two companies is correct? Intel is involved in foreign outsourcing, and Mattel is involved in foreign offshoring. Intel and Mattel are both involved in foreign outsourcing. Intel and Mattel are both involved in foreign offshoring. Intel is involved in foreign offshoring and Mattel is involved in foreign outsourcing. Score: 1 of 1 7. “Offshoring” is technically different from “outsourcing” because: the former is FDI that establishes a subsidiary in a foreign country. the latter is FDI that establishes a subsidiary in a foreign country. the former involves hiring firms to produce a product without investing in the foreign country. the latter is sanctioned by the government. Score: 1 of 1 8. What is the difference between final goods and intermediate goods? Intermediate goods are inputs for other goods. Intermediate goods are sold directly to the consumer. Final goods require further processing before consumption. Final goods require further processing before consumption, while intermediate goods are inputs for other goods. Score: 1 of 1 9. Which of the following is the correct ranking (first to last) of the value chain by order of production? Score: 1 of 1
Image of page 2

Subscribe to view the full document.

10. Which of the following is the correct ranking of the value chain by level of skill of the labor force (from lowest to highest skill levels)? Score: 1 of 1
Image of page 3
You've reached the end of this preview.
  • Fall '08
  • Staff
  • Laborer

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern