How Does the Global Economy Change Value Chains and Business

question 32

Multiple Choice

How does the global economy change value chains and business processes?

• A) World time differences enable global virtual companies to operate 24/7.
• B) Overseas outsourcing is no longer an attractive option.
• C) It makes it difficult for an international company to conduct sales and marketing efforts locally.
• D) It makes it mandatory for the manufacturing activities to be carried out from the home country.

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Definitions:

Experimental Group

In scientific research, the group of subjects that receives the treatment or intervention being tested, allowing for the evaluation of its effects.

Control Group

In an experiment or clinical trial, the group of participants who do not receive an active treatment. The control group serves as a comparison to the experimental group.

Reliability

The extent to which an instrument, tool, or process is consistently accurate and dependable when measuring what it is intended to measure.

Validity

The extent to which a test, measurement, or research accurately represents what it is intended to measure.