Call Centers and Data Processing Are Examples of What Is

question 11

Multiple Choice

Call centers and data processing are examples of what is known as:

• A)offshore outsourcing.
• B)devolved labor.
• C)horizontal globalization.
• D)localized globalization.
• E)social media.

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Definitions:

Competitive

Characterized by rivalry, where entities vie against each other to achieve or win something, such as market share or high performance.

Profit Maximization

A business objective aiming to achieve the highest possible profit by optimizing production and pricing strategies.

Competitive Price-Searcher

involves businesses that actively seek to determine prices through analysis of market conditions, competitors' prices, and customer preferences to maximize profits.

Demand Conditions

Refers to the nature and size of the market demand for goods and services in an industry.