Which of the Following Represents a Reason for Globalizing Operations

question 100

Multiple Choice

Which of the following represents a reason for globalizing operations?

• A)to improve the supply chain
• B)to improve operations
• C)to expand a product's life cycle
• D)to attract and retain global talent
• E)all of the above

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Definitions:

Invention

The creation of a new product, system, or process that has never before been made and is recognized as the product of some unique insight.

Basic Research

Research aimed at gaining more comprehensive knowledge or understanding of the subject without targeted applications towards processes or products.

Process Innovation

The implementation of a new or significantly improved production or delivery method in a business or industry.

Product Innovation

The process of developing and introducing new or significantly improved products to the market, enhancing variety, performance, or quality.