A Multidomestic Strategy Is Characterized by All of the Following

question 23

Multiple Choice

A multidomestic strategy is characterized by all of the following except_________ .

• A)decentralized decision- making
• B)high local responsiveness
• C)global learning
• D)relatively low bureaucratic costs

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Definitions:

Past Saving

The accumulation of previously saved money or assets that can be used for future investments or expenditures.

Investment

The allocation of resources, such as capital, to generate income or profit.

Standard of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area.

Municipal Bonds

Municipal bonds are debt securities issued by states, cities, counties, and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways, or sewer systems.