A Global Corporate-Level Strategy Differs from a Multidomestic Corporate-Level Strategy

question 13

Multiple Choice

A global corporate-level strategy differs from a multidomestic corporate-level strategy in that in a global strategy:

• A) competitive strategy is dictated by the home office.
• B) competitive strategy is decentralized and controlled by individual strategic business units.
• C) products are customized to meet the individual needs of each country.
• D) the firm sells in multiple countries.

Identify the beliefs and principles of effective leadership according to Peter Drucker.

Differentiate between intrinsic and extrinsic factors contributing to job satisfaction.

Understand humanistic views in workplace relationships and management.

Know principles for obtaining good human relations.

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Definitions:

Differentiated Products

Goods or services that are distinguished from others in the market by unique features, quality, or brand.

Pure Competition

Occurs when different companies sell commodity products that consumers perceive as substitutable; price usually is set according to the laws of supply and demand.

Oligopolistic Competition

Occurs when only a few firms dominate a market.

Commercial Airline Travel

The aspect of aviation that involves operating aircraft for hire to transport passengers or cargo on scheduled or charter services.