A Firm That Allows Each Market to Adapt to the Local

question 7

Multiple Choice

A firm that allows each market to adapt to the local conditions and pursue the strategy they choose best in that local market is using a:

• A) global strategy.
• B) transnational strategy.
• C) hybrid strategy.
• D) multi-domestic strategy.

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Definitions:

Rumination Theory

The concept that persistent focusing on one's distress, and on its possible causes and consequences, exacerbates and maintains depressive symptoms.

Negative Thinking

A cognitive process involving pessimistic or detrimental thoughts, often leading to decreased motivation and emotional well-being.

Unipolar Depression

An enduring depressive disorder marked by constant sadness or a lack of enthusiasm for external activities.

Attribution-Helplessness Theory

A psychological theory suggesting how people attribute events to causes, which can lead to feelings of helplessness and depression when they perceive no control over the outcomes.