Which of the Following Is True About Production and Logistics

question 87

Multiple Choice

Which of the following is true about production and logistics in international businesses?

• A) The term production cannot be used to denote service activities.
• B) Developing nations are outsourcing the "production" of certain service activities to the United States.
• C) In an international firm, production and logistics are closely linked.
• D) The production functions of an international firm can only be located in its home country.
• E) Demands for local responsiveness create pressures to centralize production activities.

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Definitions:

Sampling Distribution

The probability distribution of a given statistic based on a random sample, used in hypothesis testing and estimation.

Large-Sample Significance

Refers to the level of significance or inferential reliability obtained when testing hypotheses with a large sample size, typically leading to more precise estimates.

Z Statistic

A type of standard score that indicates how many standard deviations an element is from the mean of the population.

Relative Risk

A measure in epidemiology that compares the risk of a health event among one group with the risk among another group.