Lands' End Is an Example of a

question 102

Multiple Choice

Lands' End is an example of a

• A) company that could expand globally after acquisition by a large, international firm (Sears) provided the resources.
• B) firm that has entered international markets by acquiring local retailers who know the host countries' markets.
• C) smaller firm that can sell products globally without large facilities overseas.
• D) company using a web-based marketing and distribution process that was not able to break into the international market due to lack of customization.

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Definitions:

Hijack

The act of unlawfully seizing control of a vehicle, such as an airplane or ship, often to demand a ransom or achieve a political goal.

Competing Clause

Often referred to as a non-compete clause, it is a contract provision that restricts one party's ability to enter into or start a similar profession or trade in competition against another party.

E-commerce Strategy

A plan that outlines how businesses will conduct their sales, marketing, and operations online to drive consumer engagement and sales.

Procedural Unconscionability

A legal principle that occurs when the terms of a contract or the manner in which it was negotiated are so unfair to one party that they are void of meaningful choice.