What Is the Meaning of Following Term

question 45

Multiple Choice

What is the meaning of following term:
-OAU

• A) Decisions influenced by a combination of factors.
• B) A combination of military power, diplomacy, and economic might.
• C) A political and economic coalition formed by developing countries.
• D) Ended the Thirty Years' War in 1648.
• E) The name given to the large oil companies that controlled most of the world's oil until the mid-1950s.
• F) Founded in 1967 to promote the economic and cultural cooperation in Southeast Asia.
• G) Policy of NOT being formally allied with the United States or the Soviet Union during the Cold War.
• H) Founded in 1963 to promote African solidarity and independence.
• I) Common values, family ties, and historical experiences that shape foreign policy.
• J) Created in 1948 and composed of Latin American and Caribbean countries, the United States, and Canada.
• K) A set of goals that is essential to a country's survival, status, and economic prosperity.
• L) Formed in 1960 to counteract the power of the oil companies.
• M) Institutions that are modeled after the World Bank.
• N) When a country's currency loses monetary value and its people have to spend more money to purchase the same amounts of products.
• O) A country's control over its internal affairs and external relations.

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Definitions:

Value Chain

A series of activities or processes that a company performs to deliver a valuable product or service to the market.

Primary Activities

Primary activities are the essential processes directly involved in the creation of a product or service, including production, marketing, sales, and after-sale service.

Marketing And Sales

Business disciplines focused on promoting and selling products or services, including market analysis and customer engagement strategies.

Value Creation

Value creation is the process through which businesses generate value for customers, shareholders, and the community through innovative products, services, and operational efficiencies.