What Is the Benefit of Using a Global Strategy

question 35

Multiple Choice

What is the benefit of using a global strategy?

• A)Greater ability to match the needs of each market.
• B)
• Ensures obtaining the maximum benefits from economies of scale.
• C)
• Greater ability to hire locals to do key advertising and related activities.
• D)
• Allows each market to adapt to the local conditions.

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Definitions:

Direct Labor Hours

The cumulative hours that employees, who are directly engaged in the creation of products or services, have worked.

Overhead Rate

A calculation used to allocate indirect costs to products or services, typically expressed as a percentage of direct labor, materials, or another base.

Activity-based Costing

A costing method that assigns overhead and indirect costs to specific products or activities based on their use of resources.

Allocation Base

A criterion or standard used to distribute costs across multiple cost objects.