Which of the following statements is true of the impact of globalization on value chains and business processes?
A. Companies must develop a standardized global strategy irrespective of where they are operating from.
B. Companies prefer to perform all their processes in-house as it is more cost-effective than outsourcing.
C. Manufacturing of a final product is frequently distributed throughout the world.
D. Increased globalization calls for greater attention to promotional aspects of the marketing mix as opposed to the product.
Answer:C
Which of the following statements is true of the impact of globalization on value chains and business processes?
A. Companies must develop a standardized global strategy irrespective of where they are operating from. B. Companies prefer to perform all their processes in-house as it is more cost-effective than outsourcing. C. Manufacturing of a final product is frequently distributed throughout the world. D. Increased globalization calls for greater attention to promotional aspects of the marketing mix as opposed to the product.