Which Question Should Most Likely Be Answered by All Companies

question 133

Multiple Choice

Which question should most likely be answered by all companies due to the rapid move toward globalization?

• A) How should we eliminate domestic competition?
• B) Should we diversify in a new business area in the home country?
• C) Who will our global competitors be, and what are their strategies and resources?
• D) How should we fulfill our environmental obligations?
• E) Which medium of advertising should we use in our home country?

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Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered normal or standard in one's social or cultural group.

Compliance

The act of conforming to or following rules, standards, or another's wishes, often due to pressure or regulation.

Obedience

The act of following orders or directions from others, usually those in a position of authority.

Cooperation

Involves working together towards a common goal, often emphasizing teamwork and collaboration.