________ Strategies and the Drive for Global Efficiencies Force MNEs

question 70

Multiple Choice

________ strategies and the drive for global efficiencies force MNEs to establish economies of scale in manufacturing.

• A) Cost
• B) Quality control
• C) Cost-minimization
• D) Flexibility

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Definitions:

Moving Average

A technique in statistics that involves calculating averages from various subsets within the whole data set for analysis purposes.

Responsiveness

Refers to the ability of a business or system to quickly react to changes or demands in the environment.

Greater Smoothing

A technique used in data analysis and time series forecasting to reduce volatility or noise in data points.

Promotional Efforts

Activities and campaigns designed to increase awareness or sales of a product or service, typically involving advertising and marketing tactics.