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In a conservation of liquid experiment, Victoria is shown two identical beakers filled with the same amount of juice. The juice from one of the beakers is poured into a taller, thinner beaker. Victoria now thinks there is more juice in the tall, thin beaker than in the original beaker. Victoria appears to be in Piaget's __________ stage of cognitive development.
Offshore Sourcing
The procurement of goods or services from suppliers located in countries other than the buyer's, often for cost saving purposes.
Global Supplier
A supplier that provides goods or services to companies in multiple countries, often involved in international trade.
Domestic Suppliers
Companies that provide goods or services within the same country as the company purchasing from them.
Special Economic Zones
Geographically designated areas within a country where business and trade laws differ from the rest of the country and are more favorable to attract investments and economic activities.
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