Business

Which of the following is most likely to be the advantage of locating

QUESTION Which of the following is most likely to be the advantage of locating a value creation activity in the optimal location for that activity? A. It increases the costs of value creation. B. It decreases consumer surplus. C. It helps the firm to achieve a high-cost position. D. It nullifies all trade barriers. E. […]

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Date: September 3rd, 2020

By dispersing different stages of its value chain to those locations a

QUESTION By dispersing different stages of its value chain to those locations around the world where the value added is maximized or where the costs of value creation are minimized, a firm creates a(n): A. integral circle. B. dispersal chain. C. global web. D. international mesh. E. worldwide circle.   ANSWER C

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Date: September 3rd, 2020

In which of the following tasks will the learning effects be most sign

QUESTION In which of the following tasks will the learning effects be most significant? A. Pizza delivery for a fast-food major B. Data entry for a loan recovery center C. Assembly process involving 1,000 complex steps D. Sewing buttons onto shirts in a garment factory E. Delivering letters to different recipients   ANSWER C

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Date: September 3rd, 2020

The two phenomena that help explain the experience curve are: A. lear

QUESTION The two phenomena that help explain the experience curve are: A. learning effects and economies of scale. B. technology inputs and wealth transfer. C. leveraging subsidiary and local responsiveness. D. standardized manufacturing and global web. E. efficiency frontier and location economies.   ANSWER A

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Date: September 3rd, 2020