Global expansion is viewed as necessary for medium and large organizations for all of the
following reasons except ________.
A) that knowledge is uniformly distributed around the world
B) that efficiencies in all value-chain activities are linked across borders
C) that customers themselves are becoming global
D) that many domestic markets in developed countries are becoming saturated
A
Business
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The theory of absolute advantage suggests that under free, unregulated trade, each nation should specialize in producing those goods it can produce most efficiently.
a. true b. false
Business
_______ is the relationship with the customer after all the marketing and sales efforts have been completed, a purchase has been made, and the prospect has become a customer.
Fill in the blank(s) with the appropriate word(s).
Business