Which of the Following Is Characteristic of a Global Industry

question 53

Multiple Choice

Which of the following is characteristic of a global industry?

• A) A small number of major players compete head-on in multiple markets.
• B) Competition is designed on a country-by-country basis.
• C) Numerous firms compete within the industry worldwide.
• D) Different marketing activities are designed to meet local needs across the globe.

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Definitions:

Refreezing

The process of stabilizing a system or behavior after a change has occurred to ensure the change is maintained.

Changing

Changing involves making something different, modifying or transforming it from its original state.

Implemented

Describes the process of putting plans, strategies, or policies into action within an organization or system.

Mourning

The process of expressing grief and sorrow after losing someone or something significant.