"Slicing the Value Chain" Refers To

question 116

Multiple Choice

"Slicing the value chain" refers to:

• A) the practice of offshoring all activities with labor union representation at home.
• B) the transfer of activities that are more profitable when carried out in foreign nations.
• C) substituting capital for labor wherever possible.
• D) the transfer of activities that are less profitable when carried out in foreign nations.

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Definitions:

Quebec

A province in eastern Canada, known for its predominantly French-speaking population and distinct cultural identity.

Ontario

A province in eastern Canada known for its vast forests, numerous lakes, and the capital city, Toronto.

Globalization

the process by which businesses, cultures, and societies become more interconnected through trade, communication, and technology.

Technological

Pertaining to technology, which involves the application of scientific knowledge for practical purposes, especially in industry.