Business

Processes are the: A. manner in which decisions are made and work is

QUESTION Processes are the: A. manner in which decisions are made and work is performed within the organization. B. metrics used to measure the performance of subunits. C. devices used to reward appropriate managerial behavior. D. metrics used to make judgments about how well managers are running the subunits. E. norms and value systems that […]

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Date: September 3rd, 2020

If a value creation activity of a firm can take place in Mexico most e

QUESTION If a value creation activity of a firm can take place in Mexico most effectively, then that activity of the firm must be based in Mexico. Firms that pursue such a strategy are most likely to realize: A. a position inside the efficiency frontier. B. the experience curve. C. economies of scale. D. location […]

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Date: September 3rd, 2020

A firm’s ability to increase its profitability and profit growth by ex

QUESTION A firm’s ability to increase its profitability and profit growth by expanding globally is constrained: A. by the imperative of localization. B. by the economies of scale. C. due to customer surplus. D. due to the leveraging of skills developed in foreign operations. E. due to the dispersion of individual value creation activities.   […]

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Date: September 3rd, 2020

A company can increase its growth rate by taking goods or services dev

QUESTION A company can increase its growth rate by taking goods or services developed at home and selling them internationally. The returns from such a strategy are likely to be greater if: A. the product is already being offered by local companies in the nations that the company enters. B. the product is a generic […]

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Date: September 3rd, 2020