Which of the Following Is Not One of the Key

question 20

Multiple Choice

Which of the following is not one of the key challenges facing global supply chains?

• A) geographical distances
• B) increased costs
• C) time zones
• D) cultural differences

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Definitions:

Marketing Director

A senior executive responsible for directing and overseeing marketing strategies and campaigns to boost brand awareness and sales.

Smaller Competitors

Companies with a smaller market share or resources compared to the leading firms in an industry.

Value-Based Pricing

Value-based pricing is a strategy where the price of a product or service is primarily determined by the perceived or estimated value to the customer rather than traditional cost-plus metrics.

Pricing Strategy

A method or plan a company uses to determine the best price for its products or services to maximize profits and market share.