All of the Following Are Examples of Cost Forces EXCEPT

question 35

Multiple Choice

All of the following are examples of cost forces EXCEPT:

• A) advances in transportation.
• B) low labor costs in newly industrializing countries.
• C) global economics of scale and scope.
• D) flexible manufacturing.
• E) transferable marketing.

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Definitions:

Pieces Of Eight

Historically referred to as Spanish dollars, these were silver coins that played a crucial role in world trade during the 17th and 18th centuries.

Fringe Lending

Lending practices occurring outside of traditional banking institutions, often associated with high-interest rates and less favorable terms for borrowers.

Sub-Prime Lending

Lending to individuals who have poor credit histories and are considered a higher risk to lenders.

Bank Charter

A legal document that authorizes the establishment and operation of a bank, setting out its rights and obligations.