Which of the Following Statements Is True in the Context

question 3

Multiple Choice

Which of the following statements is true in the context of attributes of national competitive advantage?

• A) Factor endowments do not encompass aspects such as managerial sophistication.
• B) Companies are typically least sensitive to the needs of their closest customers.
• C) The benefits of investments in advanced factors of production by related and supporting industries are confined to those industries.
• D) Domestic rivalry creates pressures to increase costs and avoid investing in upgrading advanced factors.
• E) The nature of home demand shapes the attributes of domestically made products.

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Definitions:

Emergency Plan

A set of procedures designed to take action and manage responses during emergencies, aiming to mitigate harm and ensure safety.

Nonprogrammed Decision

A decision made in response to situations that are unique, poorly defined and largely unstructured, and have important consequences for the organization.

Programmed Decision

A decision that is made using an established process or procedure, typically for routine and repetitive business issues.

Implementation Phase

The stage in a project or plan where strategies or ideas are executed and put into action.