A Company's Location Should Be Flexible Enough to ________

question 74

Multiple Choice

A company's location should be flexible enough to ________.

• A)implement concentration strategies instead of diversification strategies
• B)respond to new opportunities and withdraw from less profitable ones
• C)import from anywhere in the world to a single production location
• D)export anywhere in the world from a single production location

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Definitions:

Social Facts

Durkheim's concept referring to patterns of behavior that are characteristic of a particular social group.

Secondary Ideologies

describes the sets of beliefs or ideologies that are prevalent within smaller groups or societies and may not be as dominant or widespread as primary ideologies.

Primary Ideology

The set of fundamental beliefs and values that are widely shared within a society and shape its culture and social relations.

Material Contradictions

Discrepancies or conflicts within the material aspects of a society, such as economic disparities or contradictions between productive forces and relations of production.