In Response to Increasing Demand for Products in Developing Countries,some

question 52

Multiple Choice

In response to increasing demand for products in developing countries,some manufacturers pursue a strategy called ________ by establishing production facilities in or near those markets.

• A) reshoring
• B) near-shoring
• C) global-shoring
• D) spot-shoring
• E) onshoring

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Definitions:

Performance Measures

Criteria or standards used to evaluate the effectiveness, efficiency, and quality of an individual's or organization's work.

Operating Guidelines

A set of rules or procedures designed to guide the operation and management of an organization, system, or process.

Role Specification

The process of defining and clarifying roles or job positions in terms of responsibilities, expectations, and required qualifications.

Norming Stage

The stage in group development where members resolve conflicts, establish norms, and build stronger relationships, leading to a sense of unity and team cohesion.