The Relocation of Manufacturing and Other Value-Chain Activities to Cost-Effective

question 77

Multiple Choice

The relocation of manufacturing and other value-chain activities to cost-effective locations abroad is known as ________.

• A) insourcing
• B) cultural imperialism
• C) contagion
• D) offshoring

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Definitions:

Social Community

A group of individuals who interact through specific social media platforms or online communities around shared interests.

Channel Audience

The specific group of people that a television channel or digital platform aims to reach with its content.

Social Media Marketing

The use of social media platforms and websites to promote a product or service, aiming to create content that users will share with their social network to help a company increase brand exposure and broaden customer reach.

Volume and Frequency

Refers to the quantity and regularity of something, such as product production, content publication, or promotional activities.