Answer:
C. The strategic choice as to where a company should position itself along the globalization-regionalization continuum is contingent exclusively upon cultural and political distances.
Explanation:
Globalization, which is the integreation of operations of a company among the various countries of the world is a worldwide phenonmen engaged by most commpanies. This strategy is to have the market shares of that country.
Fortunately, most countries develop their globalization strategy around their comparative advantages. Thier strategic choice is usually based upon the political and cultural postion in which it find itself.
Example, a country that discourages the rearing of pork and only encourages the limited ownership of shares (10% stake, while the citizens owns 90% ) of a company setup in their country would affect the globalization drives of a pork processing company that was trying to setup factories in such country.
Answer:
The expression “last mile problem” refers to the failure to establish good management in the transport of goods and supplies between different regions.
Explanation:
The video talks about problems in the supply of products in regions. This problem occurs due to the lack of efficient management in the freight transport chain between regions. The speaker decides to name this oroblema as “last mile problem”.
The speaker used retail delivery problems as an example, which includes delays, shortages, congestion and even incorrect delivery of ordered products. This creates a lack of retail supply, decreasing the region's economic flow and leaving consumers dissatisfied.
Answer:
A market in which goods or services are traded illegally is called a black market.
Explanation:
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