Which of the Following Are Two of the Most Powerful

question 2

Multiple Choice

Which of the following are two of the most powerful globalization drivers?

• A) Concentrating investments in national markets and focusing on economies of scale
• B) Restricting entry to geographically close markets and pushing standardized solutions on customers
• C) Centralizing all operations of R&D and providing additional funds for research
• D) Avoiding cost inefficiencies and duplication of effort

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Definitions:

Direct Labor-Hours

The total hours worked by employees that are directly involved in the production of goods or the provision of services.

Machine-Hours

A measure of the amount of time machines are operated in the manufacturing process, often used to allocate overhead costs.

Forming Department

A manufacturing sector focused on shaping or structuring materials into their desired forms.

Assembly Department

A division within a manufacturing plant where components are assembled into final products.