The Rapidly Changing Business Environment Caused by Increased Global Competition

question 21

True/False

The rapidly changing business environment caused by increased global competition, customer preference for custom-made rather than mass-produced products, and faster technological change is pressuring companies to make greater use of global product structures.

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Definitions:

Myelin Sheath

A fatty layer that encases the axons of some nerve cells, facilitating the rapid transmission of nerve impulses.

Axon

A long, narrow outgrowth of a neuron’s cell body that lets the neuron transmit information to other neurons.

Acetylcholine

A neurotransmitter in both the central and peripheral nervous systems involved in muscle activation and memory among other functions.

Antagonist

A substance that blocks or inhibits the effect of a neurotransmitter or hormone, or a character in conflict with the protagonist in literature.