____________________ Is a Measure of the Capacity of a Communications

question 21

Short Answer

____________________ is a measure of the capacity of a communications channel.

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Definitions:

Global and Local Advantages

The benefits that companies gain by leveraging both global standardization to achieve efficiency and local adaptation to meet specific market needs.

Meganational Approach

A strategy by businesses to operate on a global scale, emphasizing uniformity in products and services across countries to exploit economies of scale.

Value Chain

A series of activities that a company performs to create value for its customers, from product design to post-sale service.

Location Economies

The cost advantages gained by a business due to its geographical position, often influencing its competitiveness.