Which of the Following Statements About Global Competition Is Least

question 60

Multiple Choice

Which of the following statements about global competition is least accurate?

• A)Only medium and large companies compete globally.
• B)Many traditional U.S.companies generate more profit abroad than locally.
• C)If necessary,multinational companies should adjust their products to different palates.
• D)Successful communication in global markets requires developing new skills and attitudes.

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Definitions:

Decisions

The act or process of selecting among alternatives based on the values and preferences of the decision maker.

Making Decisions

The cognitive process of selecting a course of action among several alternatives to achieve a desired outcome.

Meticulousness

The quality of being extremely careful and precise; attention to detail.

Big Five Model

A theory that categorizes human personality traits into five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.