Which of the Following Is True of a Localization Strategy

question 34

Multiple Choice

Which of the following is true of a localization strategy?

• A)It allows a firm to capture the cost reductions of mass-producing.
• B)It reduces duplication of functions.
• C)It involves longer production runs.
• D)It makes sense if added value supports higher pricing.

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Definitions:

VLOOKUP

A function in spreadsheet programs that searches for a value in the first column of a table and returns a value in the same row from a specified column.

Table Range

The difference between the highest and lowest values in a table, often used in data analysis to understand the variability within the data.

AVERAGE

AVERAGE refers to the mathematical mean, which is the sum of a list of numbers divided by the count of numbers in the list.

COUNTIF

A function in spreadsheet programs that counts the number of cells that meet a specified condition within a range.