Which of the Following Statements Is True About a Firm

question 33

Multiple Choice

Which of the following statements is true about a firm that adopts a global strategy?

• A)It tailors its products and operations to individual markets.
• B)It focuses on customer needs and preferences rather than standardization.
• C)It focuses on economies of scale and leveraging firm capabilities.
• D)It uses a different strategy in each of the countries where it competes.

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Definitions:

Superiors

Individuals who hold a higher rank or position and have authority over others within an organizational hierarchy.

Ethical Challenge

Situations where one must make a decision that involves conflicting moral principles or values.

Loyalty

The quality of being faithful in commitment to one's obligations, an organization, or individuals, often resulting in mutual respect and trust.

Conceal Information

The act of deliberately hiding or withholding information from those who have the right or need to know it.