Which One of the Following Is Not True of Global

question 90

Multiple Choice

Which one of the following is not true of global organizations?

• A)They compete on state-of-the-art,top-quality products and services with lowest costs possible
• B)They increasingly emphasize flexibility and mass customization of products to meet the needs of particular clients
• C)They are usually driven to locate facilities in a country as a means of reaching that country's market or lowering production costs and must deal with the differences across the countries
• D)They attempt to create synergy through cultural differences

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Definitions:

Gratuitous Promise

A pledge or commitment made without the expectation of receiving something in return, not typically enforceable as a contract.

Statute Law

Written laws passed by a legislative body at the federal or state level, as opposed to common law, which is derived from judicial decisions.

Early Payment

The act of settling a debt or invoice before its designated due date, which may sometimes lead to benefits such as discounts.

Communicated Acceptance

The act of conveying agreement to the terms of an offer, completing the formation of a contract.