When a Company Such as Nike Has Product Designing and Development

question 91

Multiple Choice

When a company such as Nike has product designing and development and special material development conducted in the United States and has manufacturing
Operations in labor-abundant countries like China, the company is using
______________________ strategy.

• A) relative advantage
• B) absolute advantage
• C) production advantage
• D) comparative advantage
• E) geometric advantage

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Definitions:

Episodic Memory

A subtype of long-term memory that involves the recollection of specific events, situations, and experiences.

Capacity

The maximum amount that something can contain or produce, or the ability to perform, understand, or withstand something.

Overestimated

To assess or judge something to be greater, larger, or more important than it actually is.

Plus or Minus

Often used to indicate the precision of an estimate, measurement, or mathematical result, representing a range of possible values.