Economies That Arise from Performing a Value Creation Activity in the Optimal

question 25

Multiple Choice

Economies that arise from performing a value creation activity in the optimal location are known as

• A) international strategies.
• B) location economies.
• C) localization strategies.
• D) economies of scale.

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Definitions:

Autonomy

The capacity to make an informed, uncoerced decision freely; a crucial aspect of individual freedom and self-determination.

Neutral Stimulus

A stimulus that initially does not elicit any intrinsic response until it is associated with an unconditioned stimulus.

Laughing

The act of making spontaneous sounds and movements of the face and body that are expressions of amusement or joy.

Touching

The act of making physical contact with something or someone, which can convey emotional states and facilitate non-verbal communication.