The "Centralized Hub" Strategy That Japanese Multinationals Pursued During the 1970s

question 16

Multiple Choice

The "centralized hub" strategy that Japanese multinationals pursued during the 1970s and 1980s is likely to be most successful in industries with:

• A)Innovation as the primary source of competitive advantage
• B)Large economies of scale and limited need for national differentiation
• C)Substantial opportunities for transfer of learning among countries
• D)Rapid rates of technological change

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Definitions:

Personal Sacrifices

Voluntary acts of giving up personal desires or comforts for a greater good or to meet the needs of others.

Environmental

Relating to the natural world and the impact of human activity on its condition.

Sound Cost-Benefit Analysis

The process of evaluating the pros and cons of different investment decisions or projects based on their expected costs and benefits to ensure rational financial planning.

Hostility

Strong and often aggressive opposition or anger towards someone or something.