One Increasingly Prevalent Result of Globalization Is the Need for Organizations

question 25

True/False

One increasingly prevalent result of globalization is the need for organizations to customize their products and services to local preferences.

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Definitions:

Stipulates

Specifies expressly, setting out terms or conditions clearly within an agreement or document.

Effective Upon Dispatch

A legal principle stating that an offer, acceptance, or revocation becomes effective when it is sent, not when it is received.

Specified

Clearly identified or defined in detail.

Bilateral Contract

A mutual agreement between two parties where each promises to perform an act in exchange for the other's performance.