How Do the Pressures for Cost Reductions and Pressures to Be

question 56

Essay

How do the pressures for cost reductions and pressures to be locally responsive cause conflicting demands on company strategies? What are some strategies a company can use to address the pressures for cost reductions and pressures to be locally responsive?

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Definitions:

Crystallized Cognitive Ability

Represents the ability to use learned knowledge and experience, an aspect of intelligence that tends to improve with age.

Intellectual Ability

the capacity to perform mental activities such as reasoning, problem-solving, and learning.

Innate Intelligence

The natural intellectual abilities or talents a person is born with.

Career Experiences

The accumulation of knowledge, skills, and work achievements gathered over the course of an individual's work life.