Coca-Cola Has Developed Data Analytic Technologies to Produce Orange Juice

question 90

Multiple Choice

Coca-Cola has developed data analytic technologies to produce orange juice that meets the taste demands of a global customer base.This is an example of using which value chain support activity?

• A) marketing and sales
• B) technology development
• C) human resource management
• D) procurement

Understand why achieving perfection in provision of goods and services (e.g., safety) is not always efficient.

Understand the principle of economic efficiency as a criterion for evaluating economic actions.

Analyze the consequences of actions that have greater costs than benefits on society's welfare.

Identify when an economic activity should or should not be undertaken based on its costs and benefits.

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Definitions:

Napoleon III

Napoleon III, the nephew of Napoleon I, was the Emperor of the French from 1852 to 1870, known for his expansion of the French empire and his role in the unification of Italy.

France

A country in Western Europe known for its rich history, cultural influence, and significant roles in both European and world affairs from the medieval period to the modern day.

Giovanni Giolitti

An influential Italian statesman and Prime Minister, known for his leadership in the early 20th century and efforts to balance the interests of various social groups.

Italian Prime Minister

The head of government in Italy, responsible for leading the country's executive branch and implementing national policies and laws.