A Multinational Strategy Exploits All the Advantages of Both International

question 93

True/False

A multinational strategy exploits all the advantages of both international integration and local responsiveness.

---

Definitions:

Business Operations

Activities involved in the day-to-day functions of a business related to producing and delivering its products or services.

Policies

Directives or rules that guide actions and decision-making within organizations to achieve rational outcomes.

Sole Proprietorship

A business structure where a single individual owns, manages, and is responsible for all aspects of the business, including liabilities.

Limited Liability Corporation

A business structure where the owners have limited personal liability for the debts and actions of the corporation.