Which of the Following Is the Proactive Reason That Prompts

question 23

Multiple Choice

Which of the following is the proactive reason that prompts firms to expand overseas?

• A)avoiding restrictive trade barriers
• B)solving logistics-related problems
• C)responding to foreign competition
• D)seeking economies of scale

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Definitions:

Non-Value-Added Activities

Non-value-added activities are processes or endeavors that do not contribute to the customer's perceived value of a product or service, often targeted for elimination in efficiency efforts.

Time Drivers

Factors that measure the amount of time required to perform an activity, often used to allocate costs in various accounting methods.

Inventory Management

The administration of overseeing the ordering, storing, and using a company's inventory.

Six Sigma

A set of techniques and tools for process improvement aiming at reducing defects and variability in manufacturing and business processes.