Which of the Following Statements Is True of the Impact

question 11

Multiple Choice

Which of the following statements is true of the impact of globalization on value chains and business processes?

• A)Companies must develop a standardized global strategy irrespective of where they are operating from.
• B)Companies prefer to perform all their processes in-house as it is more cost-effective than outsourcing.
• C)Manufacturing of a final product is frequently distributed throughout the world.
• D)Increased globalization calls for greater attention to promotional aspects of the marketing mix as opposed to the product.

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Definitions:

Time Pressure

The stress or urgency of completing tasks within a limited timeframe, which can affect performance and decision-making.

Voluntary Certification

An optional process by which individuals or organizations obtain official recognition for meeting specific standards and qualifications, typically within a professional field.

Work-life Balance

The equilibrium between professional work and personal life to ensure health, satisfaction, and effectiveness in both areas.

Quebec

A province in Canada known for its distinct culture, language (primarily French), and legal system.