Where Were the First Two Universities

question 36

Multiple Choice

Where were the first two universities?

• A)Oxford and Cambridge
• B)Rome and Paris
• C)Rome and Bologna
• D)Paris and Bologna
• E)Paris and Oxford

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Definitions:

Multidomestic Strategy

A business strategy that involves a company adapting its products and practices to each local market, while maintaining a global presence.

Local Employment Customs

The traditional practices, norms, and laws that govern hiring, working conditions, and worker relations in a particular geographic area or culture.

Location Economies

The cost advantage of performing each stage in the value chain at the lowest cost for that activity.

Multidomestic Strategy

A corporate strategy that involves a firm offering products or services that are tailored to suit the tastes and preferences of different local markets.