By Dispersing Different Stages of Its Value Chain to Those

question 78

Multiple Choice

By dispersing different stages of its value chain to those locations around the world where the value added is maximized or where the costs of value creation are minimized, a firm creates a(n) :

• A)integral circle.
• B)dispersal chain.
• C)global web.
• D)international mesh.
• E)worldwide circle.

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Definitions:

Exclusion

A decision or practice of leaving someone or something out of a group, activity, or benefit.

Antitrust Enforcement

The legal processes and actions by which governmental authorities regulate, restrict, or prevent monopolistic practices and promote competition.

Vertical Relationships

Interactions between businesses or entities at different levels of the supply chain, such as manufacturers and retailers.

Market Power

The ability of a company or group of companies to manipulate or influence the price and production levels in the market to their advantage.