Taking Core Competencies and Combining Them to Exploit Opportunities Overseas

question 105

Multiple Choice

Taking core competencies and combining them to exploit opportunities overseas is part of_________ .

• A)functional- level strategy
• B)global level strategy
• C)business- level strategy
• D)corporate- level strategy

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Definitions:

Guaranty

A legal commitment to be responsible for another's debt or contractual performance if that person fails to meet their obligations.

Primarily Liable

Liable for paying the amount designated on an instrument when it is presented for payment.

Common Law Lien

A right to keep possession of property belonging to another person until a debt owed by that person is paid in full.

Statute

A written law passed by a legislative body at the federal, state, or local level.