The Transnational Strategy Is Becoming Increasingly Necessary to Compete in International

question 60

Multiple Choice

The transnational strategy is becoming increasingly necessary to compete in international markets for all of the following reasons EXCEPT:

• A) the growing number of competitors heightens the requirements to keep costs down.
• B) the desire for specialized products to meet consumers' needs.
• C) differences in culture and institutional environments require firms to adapt their products and approaches to local environments.
• D) it is easy to use because of its unifying goals.

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Definitions:

Migration

The movement of people from one geographical area to another, often for the purpose of settling temporarily or permanently.

Labor Migration

The movement of workers from one region or country to another in order to find employment or pursue better economic opportunities.

Migrant Workers

Individuals who move from one region or country to another to seek employment opportunities, often in temporary or seasonal jobs.

Labor Migration

the movement of people from one area to another for the purpose of employment.