Why Do Companies Find It a Difficult Strategic Challenge When

question 12

Multiple Choice

Why do companies find it a difficult strategic challenge when they face high pressures for both cost reductions and local responsiveness?

• A)Cost reductions are inversely proportional to local responsiveness.
• B)Being locally responsive tends to raise costs.
• C)Cost reductions negatively impact maximization of single-plant utilization.
• D)Optimization of plant capacity is not possible across locations as it increases costs.

---

Definitions:

Collectivism

This is the principle of giving a group priority over each individual within it, valuing cohesion within social, economic, and political groups.

I-Thou Relational Encounter

A concept in psychology and philosophy referring to a relationship or interaction that is based on mutual respect and acknowledgment of the other’s humanity.

Profound Moment

A profound moment is a significant, impactful event or realization that deeply affects an individual's life or perspective.

Witnessing

The act of being present and attentively observing or listening to another’s experience, often used in therapy to validate and support a client.