A Factor That Makes It Desirable for Business Organizations to Actively

question 70

Multiple Choice

A factor that makes it desirable for business organizations to actively manage their supply chains is

• A)more potential vendors.
• B)increasing globalization.
• C)downsizing.
• D)the Internet.
• E)RFIDs.

Assess the implications of demographic trends on national economies and global markets.

Understand the impact of technological advancements on global market growth.

Evaluate the role of global segmentation, targeting, and positioning in international marketing strategies.

Analyze the factors affecting international pricing strategies, including tariffs, quotas, and currency exchange.

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Definitions:

Intelligence

refers to the ability to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one's environment.

Growth Mind-Set

The conviction that through commitment and diligent effort, one's skills and intellect can be enhanced.

Fixed Mind-Set

A belief that one's abilities, intelligence, and talents are fixed traits, leading to a desire to appear smart instead of learning from failures.

Test-Taking Smarts

Strategies and skills used to efficiently and effectively navigate and respond to questions posed in an exam setting.