Which of the Following Is an Example of Globalization of Operations

question 48

Multiple Choice

Which of the following is an example of globalization of operations strategy?

• A) Boeing's Dreamliner has engines with higher fuel/payload efficiency.
• B) Ford's new auto models have dent-resistant panels.
• C) A Chinese manufacturer, Haier, now operates plants in the United States.
• D) Hard Rock Café provides an "experience differentiation" at its restaurants.
• E) All of the above are examples.

Understand the basic strategies companies can adopt for competitive advantage.

Identify the primary and support activities in a firm's value chain.

Grasp the impact of technology on business operations and competitive strategies.

Comprehend the difference between effectiveness and efficiency in organizational processes.

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Definitions:

Economic Income

The total value of all income received by individuals or corporations, including both realized and unrealized gains.

Net Worth

The total value of all assets owned by an individual or corporation, minus the total value of all liabilities owed at a point in time.

Consumption

Consumption denotes the use of goods and services by households, representing the final purchase of goods and services to satisfy wants and needs.

Net Worth

The total assets minus total liabilities of an individual or company, representing the financial value of the entity.