A Global Industry Is Defined as

question 57

Multiple Choice

A global industry is defined as

• A) a firm that operates in more than one country and has a sales and marketing staff in those countries.
• B) an industry that has strategic positions in many countries but is not affected by competition.
• C) an industry that operates in more than one country and has a strategic position in many countries.
• D) an industry that operates in more than one country and captures R&D, marketing, and other financial advantages in its costs and reputation.
• E) an industry in which the strategic positions of competitors are affected by their overall global positions.

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Definitions:

Pooled Standard Deviation

A method used to estimate a common standard deviation for two or more groups by combining their variability estimates into a single, pooled measure.

Sample Means

The average values calculated from a sample of data, used to estimate the mean of the entire population.

Defective

Pertains to items or products that fail to meet the required standards or specifications.

Nondefective

Referring to items or products that meet the required quality standards and are free of defects.