The "Centralized Hub" Strategy That Japanese Multinationals Pursued During the 1970s

question 16

Multiple Choice

The "centralized hub" strategy that Japanese multinationals pursued during the 1970s and 1980s is likely to be most successful in industries with:

• A)Innovation as the primary source of competitive advantage
• B)Large economies of scale and limited need for national differentiation
• C)Substantial opportunities for transfer of learning among countries
• D)Rapid rates of technological change

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Definitions:

Electronic Commerce

The buying and selling of goods and services through the internet or other electronic systems.

Www.Amazon.Com

An online marketplace known for facilitating the buying and selling of a wide variety of goods and services.

Marketplace

A physical or virtual venue where goods and services are exchanged, including everything from retail stores to online platforms.

Monopolistic Competition

A market structure characterized by many firms offering products that are similar but not perfect substitutes, allowing for some degree of market power.