Scenario: Blickinstock at the Crossroads

Multiple Choice

Scenario: Blickinstock at the Crossroads
Auto parts supplier, Blickinstock Ltd., would like to expand its presence in Latin America. To that end, Blickinstock is trying to decide whether to purchase an existing company in a remote region of Argentina or build its own subsidiary. Keith Moon, Blickinstock's vice president of global business development, will be making a presentation to the board outlining the company's options.
-A system of production in which each of a product's components is produced in the location where the cost of producing that component is lowest is called ________ production.

A) rationalized
B) craft
C) job
D) customized