As in the Case of Siebel Systems, Elements of a Global

question 37

Multiple Choice

As in the case of Siebel Systems, elements of a global strategy may facilitate the competitive advantage of differentiation by

• A) increasing the freedom of individual business units to adapt to local tastes.
• B) creating a worldwide network to achieve consistent service regardless of location.
• C) offering flexibility in applying R&D to meet country-specific needs.
• D) tailoring products to meet country-specific needs.

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Definitions:

Dividend Preference

A feature of certain types of shares that entitles holders to receive dividends before common shareholders are paid.

Immediate Cash

Funds that are readily available for use without any delay or waiting period.

Uncertain Future

Describes the unpredictability or the lack of clarity regarding events or outcomes that will occur in time ahead.

Basis of Value

The principle or standard by which the value of an asset is determined.