Which of the Following Should Be Included in the List

question 11

Multiple Choice

Which of the following should be included in the list of contacts in a disaster recovery plan?

• A)computer vendor
• B)emergency services
• C)customers
• D)all of the above

Comprehend the significance of factor endowments in explaining trade flows according to the Heckscher-Ohlin theorem.

Identify how differences in opportunity costs between countries lead to mutual benefits from trade.

Understand the concept of terms of trade and its importance in international exchanges.

Recognize the impact of human and physical capital in determining a country's comparative advantage in certain industries.

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Definitions:

Marketing Channel Management

The process of overseeing the pathways through which products or services flow from producers to consumers, including logistics and distributor relations.

Corporate Vertical Marketing System

A system in which the parent company has complete control and can dictate the priorities and objectives of the supply chain; it may own facilities such as manufacturing plants, warehouse facilities, retail outlets, and design studios.

Retailing Activities

Tasks and functions involved in selling goods and services directly to consumers for their personal, non-business use.

Supply Chain Management

The oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.