________ Is the Process by Which a Firm Gradually Changes

question 38

Multiple Choice

________ is the process by which a firm gradually changes in response to the imperatives of international competition, domestic market saturation, and desire for expansion.

• A) Organizing
• B) Strategy
• C) Localizing
• D) Internationalization

---

Definitions:

Socially Responsible

Acting with consideration for the impact on society and the environment, often associated with ethical business practices.

Independent Directors

Board members who do not have a material or pecuniary relationship with the company, providing unbiased oversight.

NYSE

Stands for New York Stock Exchange, one of the largest stock exchanges in the world, located in New York City.

NASDAQ

The NASDAQ is a global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.