One Reason for International Specialization in Production Is

question 55

Multiple Choice

One reason for international specialization in production is

• A)differing national tastes
• B)diseconomies of scale in production
• C)a high world price for a good
• D)resources are plentiful in all nations
• E)people have limited wants for domestically produced goods and services

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Definitions:

Weak Organizational Culture

Refers to an organizational environment where the values, beliefs, and practices shared among members are minimal or not deeply ingrained.

Inward Focus

An organizational perspective that prioritizes internal processes, values, and concerns over external trends, customer needs, or market changes, which can limit growth and adaptability.

Organizational Socialization

The process by which new employees learn the values, norms, and required behaviors which permit them to participate as members of an organization.

Outsiders

Individuals or groups who are not part of a specific community or organization, often facing different social dynamics or barriers to inclusion.