Answer:
Consider the following explanation.
Explanation:
The international business environment is complex and requires a number of steps to be taken by the organizations that operate in the global environment. The large multinational corporations (MNC’s) should have both strong principles as well as flexible structure to operate at the global level. The strong principles help in creating uniformity at the global level and guide a common organizational culture.
This enables the MNC’s to create a central control over the Global operations and manage the business in an effective manner. On the other hand flexibility is required for adopting the global operations as per the needs of the local conditions. This makes the business responsive and survives in the situations that are not similar to their home country. Thus it can be seen that MNC need to create a balance between strong principles and flexibility. Without either of them it will not be easy for the organization to survive in the complex global business environment.
Well you can ask yourself which of these answers have to do with having a flexible mind. I would say having a flexible mind
helps you become a team player
because in order to work with other people you must have a flexible mind.
Answer:
Predictive analytics.
Explanation:
Predictive analytics can be defined as a statistical approach which typically involves the use of past and present data ( factual informations) in order to determine unknown events or future performances of a business firm or organization. It is focused on determining what is likely to happen in the future.
In this scenario, Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs.
Hence, the kind of analytical technique Costco are using is predictive analytics.
