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Question 16 (2 points) The production technique in which inventory is kept to a minimum and Inputs to the production process arrive exactly when they are needed is known as Location Economies True False Question 17 (2 points) The make-or-buy decision primarily relates to acquiring components obtaining foreign facilities forming joint ventures reducing production Question 18 (2 points) Hyundai tends to follow an ethnocentric staffing model. From which group will it most likely hire for upper-level management positions? O host country nationals third country nationals parent country nationals primary country nationals Question 19 12 points) Governments in developing countries impose fewer consumer protection laws in order to decrease the flow of foreign direct investment into the country enable companies to focus on profit making exclusively decrease complexity of the legal procedures for foreign direct investment hold down production costs and consumer prices