A __________ Strategy Occurs When Multinational Firms Enable Individual Subsidiaries

question 99

Multiple Choice

A __________ strategy occurs when multinational firms enable individual subsidiaries to compete independently in domestic markets.

• A) multidomestic
• B) multinational
• C) global
• D) capital-intensive

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Definitions:

Breach of Warranty

Failure to meet the terms of a promise or guarantee made about the quality or durability of a product or service.

Auto Insurance

A type of insurance policy that covers vehicles and their drivers against potential financial losses related to accidents, theft, or damage.

Commercial Business

An organization engaged in activities aimed at the sale of goods and services to consumers with the goal of earning profit.

Insurable Interests

A legal requirement indicating that a person must have a legitimate stake in the safety or preservation of an item or life to insure it.