In the Case Global Business, a ________ Strategy Is Often

question 36

Multiple Choice

In the case global business, a ________ strategy is often used for situations in which both local responsiveness and cost reduction are needed. As per this strategy, some functions are centralized while others are decentralized at the global location best suited to achieving these objectives.

• A) transnational
• B) vertical integration
• C) market penetration
• D) product development

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Definitions:

Cultural Characteristic

Traits or features that define a particular culture, including its language, customs, beliefs, and practices.

Self-regard

How an individual perceives and values themselves, often related to self-esteem and self-confidence.

Cultural Characteristic

Represents the identities, values, beliefs, and norms that distinguish one group of people from another, contributing to the overall cultural identity.

Vertical

Pertaining to a direction or plane that is perpendicular to the horizon, often used metaphorically to describe hierarchical structures or processes.