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Which One of the Following Is a TRUE Statement

question 38

Multiple Choice

Which one of the following is a TRUE statement?

Acknowledge the digital divide and its implications on Internet access.
Identify the uses and benefits of business process management and technologies in achieving operational excellence.
Recognize the concept of mass customization and its advantages in production and service delivery.
Understand the concept of residual income and its calculation.

Definitions:

Global Markets

The international trading landscape where goods, services, currencies, and information are exchanged across national borders.

Globalization

The process of integration and interaction among people, companies, and governments worldwide, leading to the global exchange of products, ideas, and cultural practices.

Centre-Periphery Hierarchy

A social or organizational structure where power or importance is concentrated in the center, diminishing outward to the periphery.

Global Markets

Markets that transcend national borders, encompassing international trade, investment, and cooperation, facilitating the exchange of goods, services, and capital across the globe.

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