Which of the Following Strategies Can American Manufacturers Follow to Survive

question 81

Multiple Choice

Which of the following strategies can American manufacturers follow to survive the drain of manufacturing operations to other countries?

• A)develop cutting-edge technologies that are difficult to replicate
• B)reduce prices
• C)switch to new products that are not manufactured elsewhere
• D)reduce quality with a view to reduce costs

---

Definitions:

Extraversion

A personality trait characterized by high levels of sociability, talkativeness, and energetic behavior.

Arousal Preference

An individual's characteristic level of stimulation or excitement, influencing their engagement with the environment.

Voidable

Refers to a legal agreement or transaction that is valid and enforceable, but can be annulled or terminated by one or more of the parties involved due to certain defects or circumstances.

Contract

A legally binding agreement between two or more parties that creates mutual obligations enforceable by law.