Which of the Following Is True of Globalization of Production

question 12

Multiple Choice

Which of the following is true of globalization of production?

• A) It includes obtaining land, labor, and capital locally.
• B) It includes the component parts, skill sets, or information required to produce a product or service.
• C) It is limited to manufacturing.
• D) It helps companies take advantage of national differences in cost and quality.

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Definitions:

Program Implementation

The process of executing plans, strategies, or initiatives to achieve specific goals or outcomes.

Trend Analysis

The practice of collecting data and analyzing patterns over time to predict future behaviors or outcomes.

Workforce Utilization Review

An analysis process focused on how effectively an organization uses its employees and their skills.

Capacity Utilization Analysis

The measurement of the extent to which an enterprise or a nation makes use of its installed productive capacity.