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A multidomestic company identifies a risk that regulations in some national markets will likely change over time. Such changes could impact product design and distribution in each market and have varying impacts on the company's financial success. What technique would best address the possible impacts of this risk when formulating strategic plans?
Land Ownership
The legal right to possess, use, and control a particular piece of land.
Political Stability
The condition where a government is capable of providing consistent management, governance, and decision-making without frequent changes or extreme disruptions.
New Jersey Plan
A proposal at the Constitutional Convention in 1787, advocating for a single legislative house with equal representation for each state, regardless of size or population.
Single-House Legislature
A legislative body with only one chamber or house, as opposed to a bicameral legislature, which has two chambers.
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