Which of the Following Is True of Globalization of Production

question 12

Multiple Choice

Which of the following is true of globalization of production?

• A) It includes obtaining land, labor, and capital locally.
• B) It includes the component parts, skill sets, or information required to produce a product or service.
• C) It is limited to manufacturing.
• D) It helps companies take advantage of national differences in cost and quality.

---

Definitions:

Purchase

The act of buying goods or services, involving an exchange of money or value to acquire ownership or use rights.

Radio Commercial

An advertising message broadcast over radio stations to reach a wide audience, promoting products, services, or brands.

Share Of Customer

The percentage of an individual customer's purchasing that a company captures in the products and services it offers.

Purchase Dollars

The amount of money spent by consumers or organizations on acquiring goods or services.