Carry On, Inc

question 87

Multiple Choice

Carry On, Inc., sells different products using a different marketing approach in England than it uses when marketing these products in the United States. This is an example of a ________ strategy.

• A)vertical integration
• B)focused low-cost
• C)global
• D)multidomestic

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Definitions:

Partnership Agreement

A legal document that outlines the rights, responsibilities, and profit-and-loss distribution among partners in a business partnership.

Division of Profits

The allocation of a company's net profits among its shareholders or partners.

Partnership Business

A type of business structure in which two or more individuals share ownership, profits, liabilities, and responsibilities.

Compete

To engage in an effort to win or achieve something, such as a market or a contest, often against others.