While Maintaining Multiple Production Sites Does Provide a Firm Valuable

question 32

Multiple Choice

While maintaining multiple production sites does provide a firm valuable options,

• A)a firm may miss out on economies of scope.
• B)a firm may miss out on economies of scale.
• C)a firm may find that exchange rate changes can fully offset the advantage of multiple manufacturing sites.
• D)a firm may miss out on economies of scope and economies of scale.

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Definitions:

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.

Pragmatic Understanding

A practical approach to comprehending subjects, focusing on the practical application and effectiveness of knowledge rather than theoretical or abstract aspects.

Organizational Culture

The collection of values, expectations, and practices that guide and inform the actions of all team members within an organization.

Competitive Atmosphere

An environment characterized by rivalry among individuals or organizations striving for the same objective, such as a market or sector.