The Value Chain for a Product Will Tend to Be

question 34

Multiple Choice

The value chain for a product will tend to be dispersed across different countries when:

• A)Different stages of the value chain require different types of resources and capabilities
• B)The product is subject to import tariffs and quotas
• C)The product is knowledge-intensive
• D)The different stages of the value chain need to be closely coordinated.

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Definitions:

Protégé Participation

Involvement of a less experienced person in learning or development activities, guided by a more experienced mentor.

Employee Development

The ongoing effort by organizations to improve the knowledge, skills, and abilities of their employees to increase their performance and organizational contribution.

Feedback

Feedback is information provided about a person's performance or behavior intended to guide future improvements.

Hone Skills

The process of refining or sharpening one's abilities or expertise in a particular area.