Which of the Following Is an Effect of Adopting a Local

question 11

Multiple Choice

Which of the following is an effect of adopting a local responsiveness strategy?

• A) Standardized products are developed and distributed.
• B) Home-country-based competencies are duplicated in foreign countries.
• C) Regulations on local products are loosened.
• D) Costs of products and services are increased.

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Definitions:

Order Cycles

The repetitive process or duration between the placement of orders by customers and the delivery of goods or services.

Leftover Inventory

Refers to the goods or materials that remain unsold and are kept in storage after a sales period has ended.

Season

A period of the year characterized by specific climatic conditions or marked by certain events or festivities.

Marginal Rate

The rate at which a certain quantity changes as another quantity, typically the input, is incrementally adjusted.