Asked by OLUSEGUN ADELEKE on May 02, 2024
Verified
Polartic relies on its ______________ to remain competitive in its markets.
A) ability to compete with low-cost labor in other countries
B) knowledge resources and research capabilities
C) prime market location
D) lower costs due to outsourcing
E) All of the above
Knowledge Resources
Assets or information sources within an organization that enhance decision-making, problem-solving, and strategic planning through expertise and intelligence.
Research Capabilities
The potential or ability of individuals or organizations to conduct systematic investigation into a field of study in order to discover, interpret, or revise facts, theories, and applications.
Outsourcing
The practice of hiring external entities to perform services or produce goods traditionally done by the company's own employees.
- Familiarize yourself with the processes by which businesses modify their approaches due to changes in worldwide labor markets and technological progression.
Verified Answer
Learning Objectives
- Familiarize yourself with the processes by which businesses modify their approaches due to changes in worldwide labor markets and technological progression.
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