When Companies Disperse Different Stages of the Value Chain to Those

question 102

Multiple Choice

When companies disperse different stages of the value chain to those locations around the world where perceived value is maximized or where the costs of value creation are minimized, companies create

• A) a differentiated organization.
• B) a location economy curve.
• C) economies of scale.
• D) a global web of value creation activities.

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Definitions:

Sensory Memory

The immediate, very brief recording of sensory information in the memory system.

Memory Span

The amount of information or number of items one can hold in short-term memory at one time.

Semantic Memory

A form of enduring memory that enables the recollection of words, ideas, or digits, crucial for language comprehension and usage.

Episodic Memory

A type of long-term memory that involves recollection of specific events, situations, and experiences.