All of the Following Are Benefits of the Global Product

question 21

Multiple Choice

All of the following are benefits of the global product division structure except:

• A)large degree of flexibility in terms of cross-country resource allocation.
• B)large degree of flexibility in terms of cross-country strategic planning.
• C)scale economics.
• D)facilitates a global focus.
• E)easy communication and coordination among the various product divisions without duplication of effort.

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Definitions:

Households Supply

Refers to the goods and services supplied by households, including labor, to the market.

Entrepreneur

An individual who initiates, manages, and assumes the risks of a business venture, aiming to transform innovations into economic goods.

Cosmetics Companies

Businesses that specialize in producing and selling beauty and personal care products.

Transform Resources

The process of converting resources (labor, materials, capital) into goods and services more valued by society.