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

question 54

Multiple Choice

Economies that arise from performing a value creation activity in the optimal location for that activity are called _____________.

• A) site expediencies
• B) location economies
• C) site commerce
• D) location synergies
• E) offshore savings

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Definitions:

Escapers

Individuals who actively avoid or seek to get away from a certain situation or reality, often as a coping mechanism.

Reserve Capacity

Ability of body organs and systems to put forth 4 to 10 times as much effort as usual under acute stress; also called organ reserve.

Survival Curve

A curve on a graph showing the percentage of people or animals alive at various ages.

Mortality Rates

The measure of the number of deaths in a particular population, scaled to the size of that population, per unit of time.