The Best Reason to Use a Reference Book for Information

question 12

Multiple Choice

The best reason to use a reference book for information is that

• A) reference books serve as a trustworthy starting point.
• B) reference books are often missing important details.
• C) reference books do not contain the most recent knowledge on a subject.
• D) reference books contain only general information.

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Definitions:

Globalization Strategy

A plan implemented by businesses to expand their operations and market presence on a global scale.

Standardize Products

Refers to the process of making products uniform or consistent in quality and performance to ensure they meet specified standards.

Ethnocentric View

A perspective that evaluates other cultures and practices based on the standards of one's own culture, often fostering a sense of superiority.

Generic Strategies

A framework in business strategy that outlines three main approaches a business can take to gain competitive advantage: cost leadership, differentiation, and focus.