A localization strategy involves some duplication of functions and smaller production runs

Indicate whether the statement is true or false.

TRUE
Since customization, as a result of a localization strategy, involves some duplication of functions and smaller production runs, it limits the ability of the firm to capture the cost reductions associated with mass-producing a standardized product for global consumption.

Business

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Riesa is an attorney who specializes in real estate and land-use law. Together with her wife, she also owns a property management company with over 2,000 apartment units in the metro area. Riesa is experienced in goal setting and strategic planning. If you were the commissioner of the city’s housing authority, to which role would you most likely nominate Riesa?

a. board of regents b. general counsel c. private investor d. board of directors

Business

Which automaker owns an equity stake in Japan's Nissan Motor?

A) GM B) Volkswagen C) Ford D) DaimlerChrysler E) Renault

Business