How Was Nestle Able to Reduce the Complexity of Its

question 6

Multiple Choice

How was Nestle able to reduce the complexity of its environment?

• A) Reduced the number of suppliers it used
• B) Expanding both products and markets
• C) Reduced the number of countries it operated in
• D) Contracted for financing at a low interest rate

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Definitions:

Prices Reflect

The concept that prices in a market represent information about the value of goods and services, influenced by supply, demand, and costs.

Productivity

The measure of efficiency of production, often expressed as the ratio of outputs to inputs in a production process.

Annual Output

The total production or output produced by a company or economy in a one-year period.

Trade

The exchange of goods and services between individuals or entities, often in return for money.