The Main Forces Driving Industry Evolution Are

question 42

Multiple Choice

The main forces driving industry evolution are:

• A)Technology and demand
• B)Technology and globalization
• C)The quest for cost and differentiation advantage
• D)Government policies and global financial flows.

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Definitions:

Produce

To create or manufacture goods or products, often on a large scale.

Centralized

A system or organizational structure where decision-making and control are concentrated in a single point or at a high level.

Decentralized

Pertains to the distribution of functions, powers, people, or things away from a central location or authority.

Management Structure

The organizational framework that outlines the hierarchy of authority and responsibility within a company.