________ is defined as the dispersal of production activities to locations that help a company achieve its cost-minimization or quality-maximization objectives for a good or service.
A)Importing
B)Globalization of production
C)Global strategy development
D)Globalization of markets

Question

Quizplus · Accepted Answer

Globalization of production is the dispersal of production activities to different locations around the world to achieve cost-minimization or quality-maximization objectives for goods or services. Importing refers specifically to the purchase of goods or services from another country. Global strategy development refers to the overall approach a company takes to enter and compete in foreign markets. Globalization of markets refers to the process of creating a single, global market for a particular product or service.

________ Is Defined as the Dispersal of Production Activities to Locations