Which of the Following Is a Result of Pressure from the Headquarters

question 105

Multiple Choice

Which of the following is a result of pressure from the headquarters of a company to customize a product to the demands of consumers in a particular nation at a foreign production site?

• A) Development of additional capabilities
• B) Centralization of production activities
• C) Long production runs of standardized output
• D) Low demand for local responsiveness.
• E) Basing production facilities in a single location.

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Definitions:

Pareto Optimal

An economic state where resources are allocated in such a way that it is impossible to make any one individual better off without making at least one individual worse off.

Utility Functions

Functions that model the preference ranking of various combinations or bundles of goods and services by assigning a utility value based on the satisfaction obtained.

Marginal Rate of Substitution

The rate at which a consumer is willing to substitute one good for another while maintaining the same level of satisfaction or utility.

Wheat

A cereal grain, originally from the Levant region of the Near East and Ethiopian Highlands, but now cultivated worldwide, a staple food for many cultures.