Which of the Following Is an Observable Feature in the Globalization

question 32

Multiple Choice

Which of the following is an observable feature in the Globalization 3.0 stage?

• A) Knowledge flow between the local replicas of the multinational enterprises and their U.S. headquarters is limited.
• B) Only sales and distribution functions of a multinational enterprise are located in a few key countries.
• C) Based on an optimal mix of costs, skills, and PESTEL factors, companies now freely locate business functions anywhere in the world.
• D) Firms have reorganized from a global enterprise with different centers of expertise to a multinational company with self-contained operations in a few selected countries.

Comprehend the significance of sunk costs and its implications for business decision-making.

Understand the calculation and significance of average costs (average fixed costs, average variable costs, and average total costs).

Apply the concept of marginal costs and its relation to business production decisions.

Recognize how the choice of production techniques impacts cost and efficiency.

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Definitions:

Behaviour

Refers to the actions or reactions of an object or organism, usually in relation to the environment or surrounding.

Positive Norms

Expected behaviors within a group that contribute to a positive and constructive environment.

Team Cohesiveness

The extent to which team members are attracted to the team and motivated to remain in it, characterized by strong bonds, commitment to common goals, and mutual support.

Leaders

Individuals who influence, guide, or direct others within an organization or group towards achieving a collective goal.