The Most Important Consideration When a Firm Chooses a Global

question 23

Multiple Choice

The most important consideration when a firm chooses a global product strategy should be

• A)opportunities for countertrade.
• B)the effectiveness of the marketing team.
• C)the needs of the target market.
• D)the overall cost of the strategy.
• E)WTO regulations.

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Definitions:

Double Taxation

The imposition of taxes on the same income, asset, or financial transaction at two different levels, such as corporate income and then again as shareholder dividends.

Corporate Form

A legal structure for organizations that allows them to operate as separate legal entities from their owners, with the ability to hold assets, sue, and be sued.

Accounting

Accounting is the systematic practice, work, or process of communicating and recording financial information for a business or individual.

Finance

The management of large amounts of money, especially by governments or large companies, including the processes of investing, borrowing, lending, budgeting, saving, and forecasting.