__________ Requires That Organizations See the World as One Large

question 8

Multiple Choice

__________ requires that organizations see the world as one large (global) market and that they sell the same propositions in the same way throughout the world, ignoring local, regional, and national differences.

• A) standardized approach.
• B) localization approach.
• C) glocalization approach.
• D) global competitive strategy.

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Definitions:

Rebate

A partial refund given to someone who has paid too much for tax, rent, or a utility.

Mailbox Rule

The mailbox rule is a legal principle that an offer is considered accepted once the acceptance is properly placed in the mail, even if it is lost or delayed.

Effective Upon Dispatch

Effective upon dispatch refers to the principle that certain actions, such as the sending of a notification or document, are considered effective from the moment they are sent, not when they are received.

Reasonable Expectation

refers to what an average person might foresee or predict as a likely outcome under certain circumstances, often used as a standard in legal and ethical considerations.