The Globalisation of _________ Refers to the Sourcing of Goods

question 25

Multiple Choice

The globalisation of _________ refers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production (such as labour,energy,land and capital) .

• A)information technology
• B)process design
• C)markets
• D)production

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Definitions:

Stock Price

The cost of purchasing a single share of a company, which fluctuates based on market conditions and investor sentiment.

Purchase Price

The amount paid to acquire an asset or service.

Put Option

A financial contract giving the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.

Strike Price

The price at which the holder of an option can execute the contract to buy (call) or sell (put) the underlying asset.