With a Globalization Strategy, the Need for Complex Integrating Mechanisms

question 81

Multiple Choice

With a globalization strategy, the need for complex integrating mechanisms is ________, and in a multi-domestic strategy, the need is ________.

• A) high; low
• B) low; high
• C) high; medium
• D) medium; very high

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Definitions:

Aggregate-Demand Curve

A graph that shows the relationship between the overall price level and the total demand for goods and services in an economy.

Money Supply

The total of all monetary assets within an economy at a specific instant, comprising cash, coins, and balances in checking and savings.

Long-Run Aggregate-Supply

is the total supply of goods and services that a country's economy can produce over time when all inputs are used to their full potential.

Aggregate Demand

It's the total demand for goods and services in an economy at a given overall price level and in a given time period.