5D – Management strategiesto respond to KPIs: Part 3 Flashcards
1
Q
Innovation
A
is the process of altering and improving or creating new products or procedures.
2
Q
Global sourcing of inputs
A
involves a business acquiring raw materials and resources from overseas suppliers.
3
Q
Overseas manufacture
A
involves a business producing goods outside of the country where its headquarters are located.
4
Q
Global outsourcing
A
involves transferring specific business activities to an external business in an overseas country.
