If the Production Technology Is Very Inflexible and Product Requirements

question 27

Multiple Choice

If the production technology is very inflexible and product requirements vary from one country to another,a firm has to set up

• A)local facilities to serve the market in each country.
• B)a few high-capacity facilities to serve the market in each country.
• C)many local facilities because this helps lower transportation costs.
• D)a few high-capacity facilities because this helps lower transportation costs.

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Definitions:

Anal Stage

A phase in Freud's psychosexual development theory, occurring between 18 months and three years of age, where pleasure centers on bowel and bladder elimination.

Psychosexual Development

Sigmund Freud's theory describing how personality develops through stages focused on sexual pleasure from different body areas.

Fixated

In psychology, an obsessive focus or attachment to an idea, person, or object, often at the expense of more useful or adaptive behaviors.

Sexual Abuse

An undesired sexual act by one person upon another, often using coercion or without the consent of the victim.