A Firm May Narrow Its Focus to a Specific Region

question 96

Multiple Choice

A firm may narrow its focus to a specific region of the world

• A) because that market is most different from its domestic market and so represents an unexploited "greenfield opportunity" for its products.
• B) in order to obtain greater economies of scale.
• C) because of political and economic agreements such as the European Union and the North American Free Trade Association.
• D) to take advantage of limited protections of intellectual property so that it can manufacture innovative products without restrictions.

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Definitions:

Normative Violations

Actions or behaviors that transgress the accepted rules, values, or norms of a society or group, potentially leading to social sanctions.

Ethnomethodological

Pertaining to ethnomethodology, a sociological approach focusing on the ways people use everyday interactions to construct and understand social norms and realities.

Conversational Analysis

The study of the ways in which people produce and interpret conversation in natural settings, emphasizing the patterns and structures of talk.

Contexts

Contexts refer to the circumstances or backgrounds that form the setting for events, statements, or ideas, and in terms of which they can be fully understood and assessed.