All Global New Ventures Share Two Common Factors

question 55

Multiple Choice

All global new ventures share two common factors. One is that the company founders successfully develop and communicate the company's global vision from the start. The other is__________ .

• A) the bringing of a good or service to several different foreign markets at the same time
• B) the use of local adaptation strategy
• C) a mechanistic organizational culture
• D) the ability to respond quickly and efficiently to any changes in the external environment
• E) the development of culturally-specific implementation policies

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Definitions:

Tropics

The region of the Earth surrounding the equator, characterized by a warm climate and receiving direct sunlight throughout the year.

Pressure Air Masses

Large volumes of air defined by their pressure and temperature characteristics, playing a critical role in weather patterns and climatic conditions.

Cold Front

The leading edge of a cooler mass of air, replacing (at ground level) a warmer mass of air.

Air Mass

A large body of air with uniform temperature and humidity characteristics.