Which of the Following Is Necessary for Local Responsiveness to Effectively

question 85

Multiple Choice

Which of the following is necessary for local responsiveness to effectively increase a firm's competitiveness?

• A) Local managers need to be able to make decisions based on local needs.
• B) Corporate executives must standardize marketing and merchandising.
• C) Employees must be hired and trained only within a local region.
• D) A firm's bankers and financial managers must be locally based.

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Definitions:

Physiological Differences

Variations in the biological functions and processes of organisms, which can be influenced by genetics, environment, and lifestyle.

Cognition

Gaining awareness and understanding by engaging in thought, experiencing events, and through sensory detection.

Parasympathetic Nervous System

Part of the autonomic nervous system responsible for conserving energy as it slows the heart rate, increases intestinal and gland activity, and relaxes sphincter muscles in the gastrointestinal tract.

Sympathetic Nervous System

A division of the autonomic nervous system that controls the body's responses to perceived threats by activating the fight-or-flight response.