An International Diversification Strategy Is One in Which a Firm

question 86

Multiple Choice

An international diversification strategy is one in which a firm:

• A) expands into nearby markets.
• B) expands into a potentially large number of geographic locations or markets.
• C) expands into one or a few markets.
• D) acquires a firm in a foreign country.

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Definitions:

Median

A measure of central tendency that divides a data set into two equal halves by finding the value in the middle when the data is organized in ascending or descending order.

Mean

A statistical measure that represents the average value of a set of numbers.

Extreme Scores

Values or data points in a set that are significantly higher or lower than the majority, often influencing the overall analysis or interpretation of the data.

Measure of Central Tendency

A statistical measure that describes the center of a data set; common examples include the mean, median, and mode.