According to the Case in Point on U

question 76

Multiple Choice

According to the Case in Point on U.S. Comparative Advantage, the United States currently has a comparative advantage in the production of:

• A) agricultural goods in general.
• B) beef products.
• C) high-tech capital equipment.
• D) education.

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Definitions:

Internal Differentiation

The division of labor and specialization within an organization that creates distinct roles and responsibilities.

Network-Designed Organization

An organizational structure that focuses on decentralization, where operations are connected by informal networks and the flow of information.

Virtual Organization

A company that operates online, often relying on a network of remote workers or partners, without a physical presence or traditional office space.

Organization's Design

The deliberate process of configuring structures, processes, reward systems, and people practices to create an effective organization capable of achieving the business strategy.