In the Context of Global Expansion Strategies, Which of the Following

question 57

Multiple Choice

In the context of global expansion strategies, which of the following strategies involves R&D and marketing being centralized at home and all the other value-creation functions being decentralized to national units?

• A) multidomestic strategy
• B) vertical integration strategy
• C) market penetration strategy
• D) international strategy

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Definitions:

Clustering Illusion

The cognitive bias of seeing a pattern in random events where none actually exists.

Professional Fund Managers

Individuals or entities responsible for making investment decisions and managing investment portfolios on behalf of investors.

Outperform

To do better than others or than a benchmark, often used in the context of investment performance.

Frame Dependence

The influence of presentation or context on decision-making outcomes.