Western Firms - Marvel Education

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Practice Reading: Fill in The Blanks (Drag & Drop) ID: #37198 Western Firms

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What such a map would have failed to reveal, however, was the changing nature of the put in place by Western firms as they shifted work around the globe. It is often assumed that when Western firms, or any firm for that matter, reach out across to establish a factory outlet here, an assembly plant there or a subsidiary in some far-off , they do so through directly investing and thereby wholly owning such facilities. In the 1970s and 1980s, among the low-cost manufacturing overseas operations, this was indeed often the case, but increasingly Western firms started to conduct their business at-a-distance through a variety of indirect means, of which subcontracting became the principal . Subcontracting is a way of putting out work to partner firms on a defined, contractual basis, where the tasks involved are specified precisely, as are the turnaround times and the quality of the finished goods. As a business arrangement, it is more flexible than owning factories overseas and more enforceable than a market exchange relationship.

straightforward positions location arrangement emergency borders connections range

Result:

A.I. Explanation:

Correct answer: connections
Explanation: The term 'connections' fits grammatically as it refers to the relationships or links established by Western firms. It aligns contextually with the discussion of how these firms operate globally, emphasizing the nature of their interactions and networks.
Meaning: 'Connections' refers to the relationships or links between entities, in this case, the ties established by firms across different regions.
Wrong options:
arrangement: 'Arrangement' refers to a plan or agreement, which does not fit as it does not describe the nature of relationships between firms.
emergency: 'Emergency' denotes a serious, unexpected situation, which is irrelevant in this context of business operations.
location: 'Location' refers to a specific place, which does not capture the relational aspect intended in the sentence.
positions: 'Positions' refers to specific places or roles, which does not convey the relational dynamics discussed here.
borders: 'Borders' refers to the boundaries between countries, which does not fit as it does not describe the nature of relationships.
range: 'Range' refers to a variety or extent, which does not apply to the relational context of firms' operations.
straightforward: 'Straightforward' describes something uncomplicated, which does not relate to the nature of connections between firms.
Correct answer: borders
Explanation: The word 'borders' is appropriate as it refers to the geographical boundaries that firms cross when expanding their operations. It fits grammatically and contextually, emphasizing the international aspect of business.
Meaning: 'Borders' refers to the lines that separate different countries or regions, highlighting the international nature of business operations.
Wrong options:
arrangement: 'Arrangement' refers to a plan or agreement, which does not fit the context of geographical boundaries.
location: 'Location' refers to a specific place, which does not convey the idea of crossing boundaries.
positions: 'Positions' refers to specific roles or places, which does not relate to the concept of geographical separation.
connections: 'Connections' refers to relationships, which does not fit the context of physical boundaries.
range: 'Range' refers to a variety or extent, which does not apply to the concept of borders.
straightforward: 'Straightforward' describes something uncomplicated, which does not relate to the geographical context.
Correct answer: location
Explanation: The term 'location' is suitable as it refers to a specific place where firms establish their operations. It fits grammatically and contextually, emphasizing the idea of setting up facilities in various places.
Meaning: 'Location' refers to a particular place or position, especially in the context of business operations.
Wrong options:
arrangement: 'Arrangement' refers to a plan or agreement, which does not fit the context of a specific place.
borders: 'Borders' refers to geographical boundaries, which does not apply to the idea of a specific site for operations.
positions: 'Positions' refers to roles or places, which does not convey the idea of a specific site for business.
connections: 'Connections' refers to relationships, which does not fit the context of a physical place.
range: 'Range' refers to a variety or extent, which does not apply to the concept of a specific location.
straightforward: 'Straightforward' describes something uncomplicated, which does not relate to the context of a specific place.
Correct answer: arrangement
Explanation: The word 'arrangement' fits well as it refers to the way in which subcontracting is organized. It aligns grammatically and contextually with the discussion of how firms structure their business operations.
Meaning: 'Arrangement' refers to the way in which something is organized or set up, particularly in a business context.
Wrong options:
connections: 'Connections' refers to relationships, which does not fit the context of a structured business operation.
emergency: 'Emergency' denotes a serious, unexpected situation, which is irrelevant in this context of business arrangements.
location: 'Location' refers to a specific place, which does not convey the idea of a structured business setup.
positions: 'Positions' refers to specific roles or places, which does not relate to the concept of business organization.
borders: 'Borders' refers to geographical boundaries, which does not apply to the concept of business arrangements.
range: 'Range' refers to a variety or extent, which does not fit the context of a structured arrangement.
straightforward: 'Straightforward' describes something uncomplicated, which does not relate to the context of business organization.
Correct answer: straightforward
Explanation: The term 'straightforward' is appropriate as it describes a simple and direct market exchange relationship. It fits grammatically and contextually, emphasizing the nature of the relationship being discussed.
Meaning: 'Straightforward' means uncomplicated or easy to understand, particularly in the context of business transactions.
Wrong options:
arrangement: 'Arrangement' refers to a plan or agreement, which does not fit the context of describing the nature of a market exchange.
emergency: 'Emergency' denotes a serious, unexpected situation, which is irrelevant in this context of market relationships.
location: 'Location' refers to a specific place, which does not convey the idea of the nature of market exchanges.
positions: 'Positions' refers to specific roles or places, which does not relate to the concept of market relationships.
borders: 'Borders' refers to geographical boundaries, which does not apply to the nature of market exchanges.
range: 'Range' refers to a variety or extent, which does not fit the context of describing a market exchange relationship.
connections: 'Connections' refers to relationships, which does not fit the context of a straightforward market exchange.

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