Final answer:
The option not representing a value creation opportunity in a global presence is 'minimize the transfer of knowledge across locations'. Global companies instead seek to exploit global economies, adapt to local markets, optimize locations, and facilitate knowledge transfer.
Step-by-step explanation:
The option that is NOT one of the five opportunities for creating value generated by a global presence is c. minimize the transfer of knowledge across locations.
Companies with a global presence strive to generate value through exploiting economies of global scale and economies of global scope, adapting to local market differences, mining optimal locations for activities and resources, and spreading knowledge across locations to foster innovation and efficiency.
International trade allows small economies to leverage economies of scale by expanding their market reach beyond domestic boundaries. This provides the potential for increased production efficiency and reduced per-unit costs. Furthermore, global trade exposes firms to international competition, driving them to offer competitive goods and prices.
Additionally, multinational corporations often seek places with the most production efficiency and the least cost, which sometimes leads to a shift of industrial production to peripheral and semi-peripheral nations.
However, this does not always lead to a 'race-to-the-bottom' scenario, as companies consider various factors including labor and capital costs, proximity to suppliers and customers, and quality of infrastructure before relocating.