Examlex
The figure above shows the circular flow model.
-In the figure above,which of the following represents a real flow of a factor of production?
Support Function
Services or activities within an organization that assist the core operations or departments without directly generating profit, such as HR and IT.
Value Chain Analysis
A method for dissecting a business's activities to assess its competitive strengths and identify ways to create efficiency and value.
International Strategy
Actions by which companies manage differences across borders to create advantages over their competitors.
Entry Modes
Strategies or methodologies that businesses employ to enter new markets or start operations in different countries, including joint ventures, franchising, and direct exports.
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