Globalisation and Increased Competition Give an Advantage to Large Businesses

question 33

True/False

Globalisation and increased competition give an advantage to large businesses which can offer the flexibility and fast response that small companies can't offer.

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Definitions:

Examining Products

Involves the process of analyzing and evaluating products to ensure they meet specified criteria, such as quality, functionality, and compliance with regulations.

Subscription Commerce

The payment of a fee to have products and services delivered on a recurring schedule.

Blue Apron

A United States-based company that provides a meal delivery service, offering pre-portioned ingredients and recipes to subscribers.

Preferred Device

The electronic gadget (such as a smartphone, tablet, or laptop) that an individual favors for personal use or specific tasks.