Cross-Border Coordination Contributes to a Competitive Advantage for a Global

question 57

Multiple Choice

Cross-border coordination contributes to a competitive advantage for a global competitor by

• A) allowing production to be shifted from country to country to take advantage of exchange rate fluctuations,energy costs,wage rates,or changes in tariffs and quotas.
• B) allowing knowledge gained in one location to be transferred to operations in other countries.
• C) shifting workloads from where they are unusually heavy to locations were personnel are underutilized.
• D) accelerating product development and enhancing innovation by globally linking and coordinating the scattered R&D departments of a multinational company.
• E) All of these.

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Definitions:

Legal Action

The process of seeking recourse or justice through the court system, typically involving lawsuits or litigation.

Construction Project

A comprehensive plan of construction from the beginning to the end involving any form of building or assembly.

Duty To Disclose

A legal obligation to reveal pertinent information in transactions or agreements.

Utmost Good Faith

A legal doctrine requiring parties to act with honesty and not mislead or withhold critical information from one another.