Dispersing Particular Value Chain Activities Across Many Countries Rather Than

question 13

Multiple Choice

Dispersing particular value chain activities across many countries rather than concentrating them in a select few countries can be more advantageous when

• A) buyer-related activities (such as sales,advertising,after-sale service and technical assistance)need to take place close to buyers.
• B) high transportation costs make it uneconomical to operate from one or just a few locations.
• C) it helps hedge against the risks of exchange rate fluctuations,supply disruptions,and adverse political developments.
• D) there are diseconomies of scale in trying to operate from a single location.
• E) All of these.

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Definitions:

Social Realism

An art movement that aims to draw attention to the everyday conditions of the working class and to critique the social structures that maintain these conditions.

Nonobjective Painting

Art that does not represent or depict any object from the real world, focusing instead on shapes, colors, and composition.

Nature Symbolized

The representation of nature through symbols or motifs in art, literature, and culture to convey deeper meanings or messages.

Photography

The art, practice, or process of creating images by recording light or other electromagnetic radiation, either electronically or chemically.