Otis Elevators Has Entered into a Strategic Alliance with a Company

question 123

Multiple Choice

Otis Elevators has entered into a strategic alliance with a company in France from which it gets its elevator door systems.It has a similar agreement with a manufacturer in Japan that provides it with special motor drives.A manufacturer in Spain has worked closely with Otis to create small geared parts necessary for the manufacture of elevators.The component parts are assembled at its plant in the United States.Otis elevators can be found in buildings all over the world.Otis Elevators is an example of a(n) :

• A) cultural marketer
• B) global trader
• C) multinational corporation
• D) exporting company
• E) global enterprise

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Definitions:

Achievement Motive

The internal drive or aspiration to accomplish tasks and goals, often leading to success and personal satisfaction.

Being Admired

The feeling or state of being regarded with respect or warm approval.

Outperforming Others

Outperforming others refers to achieving better results or performance in comparison to peers or competitors, often used in educational, professional, or athletic contexts.

High Standards

A set of criteria or expectations that are challenging and aim above the average level, often used to encourage excellence in performance or quality.