Pressures to 'Reduce Costs' Require That

question 14

Multiple Choice

Pressures to 'reduce costs' require that

• A) a company should not trade idiosyncratic preferences in product features for higher economic returns.
• B) a company must pursue what is economically beneficial to the company including maximizing economies of scale and learning curve effects.
• C) the manager should follow a multidomestic strategy to maximize the economic benefits to the company.
• D) the company needs to supplement the local foreign economy in a manner specified by the local government.

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Definitions:

Security Measures

Actions or devices designed to protect against theft, attack, sabotage, espionage, and other threats to personal or organizational safety and security.

Identification

The process of recognizing and acknowledging the unique aspects and characteristics of a person, object, or concept, often used to establish recognition or differentiate from others.

Restricted Activities

Actions or operations that are limited or prohibited by law, regulation, or policy.

Direct Approach

A communication strategy where the main point or request is addressed at the beginning, often used for audiences that prefer straightforward information.