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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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