Decentralization of Production Is Appropriate When

question 70

Multiple Choice

Decentralization of production is appropriate when

• A) the product's value-to-weight ratio is high.
• B) location externalities are important.
• C) the product serves universal needs.
• D) volatility in important exchange rates is expected.

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Definitions:

Threats

External or internal factors that pose a potential danger or negative impact on an individual or organization.

Utilitarianism

A teleological theory (also called consequentialism) that emphasizes consequences of actions, weighing the greatest good for the greatest number of people.

PR Practitioner

An alternative term for a professional engaged in managing and influencing public opinion and the relationship between an organization and its audience.

Ethical Decision

An ethical decision involves choosing an action based on moral principles, values, and the potential impact on all stakeholders involved.