In an Industry Where Nearly Every Major Player Outsources Manufacturing

question 62

Multiple Choice

In an industry where nearly every major player outsources manufacturing to low-cost countries, Zara is highly _____, keeping huge swaths of its production process in-house.

• A) privatized
• B) vertically integrated
• C) publicly traded
• D) subsidized
• E) autonomous

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Definitions:

ERG Theory

Theory that suggests that people are motivated by three categories of needs arranged in the form of a hierarchy.

Growth Needs

Psychological needs that drive individuals to pursue new challenges and personal development once basic needs are fulfilled.

Two-Factor Theory

The impact of motivational influences on job satisfaction.

Motivators

Sources of job satisfaction such as achievement, recognition, and responsibility.