Global coordination of all of the major business functions permits the location of business activity according to
A) social norms and values.
B) comparative advantage.
C) competitive threat.
D) knowledge base.

Question

Quizplus · Accepted Answer

Global coordination of all major business functions enables companies to locate business activities based on comparative advantage. This implies that businesses can allocate their resources efficiently to gain a competitive advantage in a market where the cost of producing goods or services is lower than its competitors. It involves identifying a company's core competencies and finding the most effective location for each activity in order to produce high-quality goods or services at a low cost. This results in increased efficiency and profitability for the company.

Global Coordination of All of the Major Business Functions Permits