A Firm May Choose to Build a Flexible Global Supply

question 20

True/False

A firm may choose to build a flexible global supply chain even in the presence of little demand or supply uncertainty if certainty exists in exchange rates or prices.

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Definitions:

Conscientiousness

A personal attribute noted for systematic behavior, reliability, and a deep dedication to responsibilities.

Openness

One of the five major personality traits, characterized by a willingness to try new things, be creative, and think abstractly.

Higher Social Status

Higher social status refers to the position of an individual or group at a more elevated level within a societal hierarchy, often associated with greater power, privilege, and access to resources.