Companies That Do Not Have Operations in China Find It

question 48

Multiple Choice

Companies that do not have operations in China find it difficult to compete based on the basis of low prices with companies that do. Instead those companies tend to compete based on:

• A) quality and social responsibility.
• B) speed and small production runs.
• C) luxury.
• D) quality and small production runs.

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Definitions:

Rapid Mental Processing

The ability to quickly assimilate, analyze, and act upon information mentally.

Errors

Mistakes or deviations from accuracy and correctness in action, calculation, opinion, or judgment.

Personal Attribution

The process by which individuals attribute causes to actions or events based on personal characteristics rather than situational factors.

Stable/Permanent

Characteristics or conditions that are constant, unchanging over time, and expected to stay the same indefinitely.