Altonland Inc

question 26

Multiple Choice

Altonland Inc.,a pharmaceutical company based in the United States,generally appoints a U.S.national as the head of its foreign subsidiaries for the first few years after a subsidiary is established.The company has been following this practice from the time it started its overseas operations.The given scenario illustrates:

• A) a global standardization strategy.
• B) the formal rules of the game.
• C) the informal rules of the game.
• D) a localization strategy.

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Definitions:

Ticket Sales

The process or activity of selling admission tickets to events or functions.

Children's Tickets

Special ticket pricing offered for children, often at a reduced rate compared to adult prices, used in various events, transportation, and entertainment venues.

O'Hare International

A major airport located in Chicago, Illinois, known for being one of the busiest airports in the world.

Opposite Directions

Moving or facing away from each other in a straight line.