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A firm benefits by basing each value creation activity it performs at that location where economic, political, and cultural conditions, including relative factor costs, are most conducive to the performance of that activity. Firms that pursue such a strategy can realize
Q2: The term _ has been coined to
Q38: Through their choice of policies, home countries
Q39: The manner in which decisions are made
Q44: In a worldwide product divisional structure, each
Q51: _ involves the free flow of products
Q66: _ is an alternative means of structuring
Q76: Economies that arise from performing a value
Q82: What type of control system achieves control
Q85: The _ states that in competitive markets
Q94: What is a disadvantage of countertrade?<br>A) Countertrade