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Questions and Answers
What underscores the critical importance of diversifying supply chains, adapting product designs, and integrating technology?
What underscores the critical importance of diversifying supply chains, adapting product designs, and integrating technology?
- The government's intervention in business operations
- The general trend in the industry
- Unilever's response to the challenges posed by the COVID-19 pandemic (correct)
- The increase in raw material costs
What has contributed to Huawei's global success story?
What has contributed to Huawei's global success story?
- Following traditional business models
- Adeptly navigating diverse markets through localised strategies (correct)
- Relying solely on technological innovation
- Ignoring cost-effective solutions
What is cited as an influence on operations processes?
What is cited as an influence on operations processes?
- Localisation
- Isolationism
- Globalisation (correct)
- Centralisation
What is a key factor in sustaining a competitive advantage according to the text?
What is a key factor in sustaining a competitive advantage according to the text?
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What does the text highlight as critical for businesses' performance?
What does the text highlight as critical for businesses' performance?
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