________ is an approach to cost reduction in which components are studied carefully to determine if they can be redesigned, standardized, or made by less costly methods of production

The market leader strategy ensures high sales volume, whereas the market nicher strategy allows firms to achieve ________

A) high margin B) low margin C) high promotability D) medium pricing E) lower demand

________ refers to an employee's ability to function effectively with those from different cultural backgrounds or in different cultural contexts

A) Reverse culture shock B) Ethnocentrism C) Cultural intelligence D) Cultural pluralism