Which of the Following Is a Limitation of a Global

question 40

Multiple Choice

Which of the following is a limitation of a global strategy?

• A)It is typically a low-cost strategy.
• B)It uses differentiated processes in its value chain.
• C)Standardized products may not meet the needs of customers in particular countries.
• D)Global firms may improve sales by not being responsive.

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Definitions:

Brazilian Real

The official currency of Brazil, symbolized as R$ and denoted by the ISO code BRL.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.

Exchange Rate System

The method by which the value of one currency is fixed or determined in relation to other currencies, such as through floating or fixed exchange rate regimes.

Industrially Advanced Nations

Countries that have highly developed industries and infrastructure, often characterized by high levels of income, technological innovation, and standard of living.