Which of the Following Does Not Represent a Reason for Globalizing

question 117

Multiple Choice

Which of the following does not represent a reason for globalizing operations?

• A) to reduce costs
• B) to improve the supply chain
• C) to reduce responsiveness
• D) to attract and retain global talent
• E) All of the above are valid reasons for globalizing operations.

Recognize the essential elements of strategic focus in the context of competition.

Understand the difference between goals and objectives.

Identify components of a marketing plan and their interrelations.

Recognize the importance of a market orientation and its impact on organizational roles.

---

Definitions:

Externally Supplied

Refers to goods, services, or resources that are provided by external entities or suppliers outside of the organization.

Sales Forecast

An estimation of the sales revenue a company expects to achieve in a future period under a given set of conditions.

Financial Planning

Financial planning involves evaluating one's current financial status and making strategies to achieve future goals and financial stability.

Prosper

Prosper generally refers to achieving success or flourishing, especially in financial terms or in one's personal development.