If Price and Demand Do Vary Over Time in a Global

question 88

Multiple Choice

If price and demand do vary over time in a global network,

• A)flexible production capacity should not be used in the new environment.
• B)flexible production capacity will be ineffective in the new environment.
• C)flexible production capacity can be reconfigured to maximize profits in the new environment.
• D)flexible production capacity should never be used in an uncertain environment.

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Definitions:

Reduce

To decrease in size, quantity, or intensity, often in reference to waste management or minimizing resource consumption.

Social Readjustment

The process of adapting to significant changes in one's life, which can be a source of stress.

Vacation

A duration spent outside of one's home or workplace dedicated to resting, unwinding, or journeying.

Holmes And Rahe

Psychologists who developed a scale to measure stress based on major life events and their impact on an individual's health.