Which of the Following Statements Best Describes Global Integration

question 42

Multiple Choice

Which of the following statements best describes global integration?

• A)It is a strategy that involves tailoring products or services to local markets.
• B)It involves making products and/or processes consistent across different units within a firm.
• C)It refers to the standardization of processes within a single business in different locations around the world.
• D)It refers to a firm's adjustments to products, services, and processes in order to account for local culture and needs.

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Definitions:

EPS

Earnings Per Share, a financial ratio that measures the portion of a company's profit allocated to each outstanding share of common stock.

EBIT

Earnings Before Interest and Taxes, a measure of a firm's profit that includes all expenses except interest and income tax expenses.

Fixed-cost Financing

Refers to the method of raising capital where the company incurs fixed financial charges, such as interest on bonds or dividends on preferred stock, regardless of its financial performance.

Financial Leverage

A strategy involving the use of borrowed money to increase the potential return of an investment.