American Express Competes Around the World by Offering a Customized

question 51

Multiple Choice

American Express competes around the world by offering a customized product while simultaneously selling at the lowest possible price. The company is using a ________ strategy.

• A)transnational
• B)global
• C)multidomestic
• D)domestic

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Definitions:

Tympanic Membrane

Also known as the eardrum, a thin membrane that vibrates in response to sound waves, transmitting sound from the outer ear to the middle ear.

Cochlea

A spiral-shaped cavity in the inner ear that is essential for hearing, containing the organ of Corti, which translates sound vibrations into nerve impulses.

Cone Photoreceptors

Specialized types of photoreceptor cells in the retina of the eye that function in color vision and day light.

Tunics

Layers or coats surrounding certain organs or tissues, notably in the eyes and the blood vessels.