When Industry Strategies Call for Much Integration of Worldwide Activities

question 35

Multiple Choice

When industry strategies call for much integration of worldwide activities and definite needs to be locally responsive, firms would select a(n) :

• A) Multinational strategy
• B) Globally integrated strategy
• C) Global-local strategy
• D) International strategy

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Definitions:

Incompetent

Lacking the necessary skills, knowledge, or ability to do something successfully or as expected.

Funding

The act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or government.

Competitors' Products

Goods or services offered by rival businesses in the same industry, which vie for the same customer base or market share.

Business Incubator

An organization designed to help new and startup companies to develop by providing services such as management training or office space.