In Addition to Responding to Pressures to Lower Costs, Managers

question 58

True/False

In addition to responding to pressures to lower costs, managers must strive to be responsive to global pressures in order to tailor their products to the demand of the local market in which they do business.

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Definitions:

Constitutional Amendment

A change or addition to the constitution, which is the foundational legal document of a country, requiring a specific and often rigorous approval process.

Jurisdiction

The official power to make legal decisions and judgments, often within a specific geographical area or over certain types of legal cases.

Judicial Review

The power of courts to assess whether a law, policy, or executive action is in conflict with the constitution.

Constitutionality

The quality or condition of being in accordance with the constitution of a country or organization.