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Which of the following statements about nonparametric methods is correct?
Global Strategy
An approach to business that seeks to create value by leveraging the unique benefits of worldwide operations.
Multidomestic Strategy
A business strategy that involves tailoring products and marketing strategies to fit the specific needs and preferences of local markets.
Standardize Products
The process of making products uniform to ensure consistency and efficiency.
Domestic Strategy
Business strategies focused on operations and activities within a company's home country, tailoring products and services to the local market.
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