Alcoa Sent Line Workers and Managers to Foreign Locations to Seek

question 81

Multiple Choice

Alcoa sent line workers and managers to foreign locations to seek out new techniques and processes, and they brought them back to the home country to improve operations. This shows the benefits of

• A) hiring diversity.
• B) standardization.
• C) improvisation.
• D) global marketing.
• E) transfers of knowledge.

Grasp the concept of Corporate Social Responsibility (CSR) and its impact on long-term profitability and poverty alleviation.

Recognize different strategic pricing models adopted by companies in various markets.

Distinguish between different types of aid agencies and their operational strategies.

Compare and contrast for-profit and nonprofit organizations in the context of poverty alleviation.

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Definitions:

Work Responsibilities

Duties and tasks assigned to an employee or a team within an organization.

Franchise

A type of business wherein a franchisor grants a franchisee the right to use its trademark, products, and business methods in exchange for a fee.

Open Source Software

Software with source code that anyone can inspect, modify, and enhance, promoting collaborative development and free distribution.

Franchisee

An individual or company that is granted the right by a franchisor to run a business under the franchisor's trademark and business model.