Which of the Following Caveats Is Most Likely to Discourage

question 4

Multiple Choice

Which of the following caveats is most likely to discourage global expansion of businesses?

• A)Economies of scale
• B)High consumers' reservation prices
• C)Trade barriers
• D)Mass customization
• E)Low transportation costs

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Definitions:

Performance

The level of output or efficiency at which tasks and activities are accomplished, often measured against predetermined standards or objectives.

Pay for Knowledge Systems

are compensation strategies that reward employees for their skills, knowledge, and competencies rather than their job title or position.

Task Flexibility

The degree to which a job allows for variation in the work activities and processes performed by an employee.

Labour Force

The total number of people who are available to work in an economy, including both the employed and the unemployed who are seeking employment.