When a Company Performs a Value Creation Activity in the Optimal

question 21

Multiple Choice

When a company performs a value creation activity in the optimal location for that activity, wherever in the world that might be, they are trying to capitalize on

• A) location economies
• B) economies of scope.
• C) the transnational strategy.
• D) economies of scale.
• E) their localization strategy.

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Definitions:

Retention Interval

The period of time between the acquisition of information and when that information is retrieved from memory.

Interference

Occurs when one wave overlaps another, causing a modification in the overall amplitude of the wave, or in cognitive psychology, the impairment of memory performance.

Decay

The gradual reduction in the strength or quantity of something, used metaphorically for the fading of memories over time.

Awake

The state of being conscious, alert, and aware of one's surroundings after sleep.