Globalization and Expansion of Product Lines Have Resulted in ______

question 90

Multiple Choice

Globalization and expansion of product lines have resulted in ______.

• A)increased randomness and volatility of demand for products
• B)predictable demand for products
• C)stabilized revenue for companies
• D)improved customer satisfaction

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Definitions:

Primary Circular Reactions

An early developmental phase in infants where they repeat pleasurable actions centered on their own body.

Preoperational Stage

According to Piaget, the stage from approximately age 2 to age 7 in which children’s use of symbolic thinking grows, mental reasoning emerges, and the use of concepts increases.

Cognitive Development

The process by which individuals acquire and process knowledge through thought, experience, and the senses over time.