A Global Industry Is One in Which the Competitive Positions

question 44

True/False

A global industry is one in which the competitive positions of companies in given local or national markets are affected by their overall global positions.

---

Definitions:

Individualism View

A perspective that emphasizes the importance and value of individual rights, freedoms, and responsibilities over the collective group.

Ethical Behaviour

Conduct that is consistent with what individuals or society consider to be good morals or values.

Long-Term Personal Consequences

The enduring effects or outcomes that actions or decisions can have on an individual’s personal life, career, or overall well-being.

Procedural Justice

The fairness of the processes that are used to make decisions and allocate resources.