Globalization does not mean:
A) the homogenizing of markets.
B) when one product or one brand is sold in many different international markets.
C) the increase in trade among nations.
D) the establishment of manufacturing plants in more than one nation.
E) the purchase of supplies from foreign firms.
Correct Answer:
Verified
Q13: "Knowing your customer" means:
A)knowing what factors affect
Q14: A Basic principle of economics is:
A)knowing your
Q15: Being a first mover means:
A)Being the first
Q16: Core competency implies:
A)a firm produces one single
Q17: According to the text, "economics tempers the
Q19: TQM means
A)total quiet management.
B)total quality maneuvers.
C)total quality
Q20: On average each year, about 7 percent
Q21: To an economist, the word 'marginal' means:
A)total.
B)average.
C)next
Q22: First movers
A)are usually firms with large market
Q23: Mergers and acquisitions
A)are usually associated with business
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