_____ Hoard Decision-Making Power for Themselves, and They Typically Issue

question 133

Multiple Choice

_____ hoard decision-making power for themselves, and they typically issue orders single-handedly.

• A) Democratic leaders
• B) Free-rein leaders
• C) Autocratic leaders
• D) Laissez-faire leaders

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Definitions:

Meganational Strategy

A business strategy that emphasizes operating and competing in multiple countries as one global market.

Avoids Adaptation

a strategy where a business does not significantly alter its product or services to accommodate different cultural or market requirements in its expansion or operations.

Differentiated Needs

The varying requirements and preferences of customers or markets that businesses seek to satisfy with customized products or services.

Differentiation Strategy

A business approach where a company seeks to distinguish its products or services from competitors' offerings through unique features and benefits.