In Terms of International Business Strategy, Which of the Following

question 164

Multiple Choice

In terms of international business strategy, which of the following is true regarding a multi-domestic strategy?

• A) It uses the same products in all countries.
• B) It centralizes control with little decision-making authority given to the local level.
• C) It is an effective strategy when large differences exist between countries.
• D) It provides cost advantages, improves coordinated activities, and speeds product development.

---

Definitions:

Balance Sheet

A financial statement that presents a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Periodic Inventory System

A periodic inventory system is an accounting method where inventory levels and the cost of goods sold are updated in the financial records at the end of an accounting period, not continuously.

Cost of Merchandise Sold

The total expense of buying or manufacturing the goods sold by a business during a specific period.

Sales

The total amount of money received from selling goods or services over a specific period.