By Standardizing International Operations as Much as Possible, Yet Being

question 28

True/False

By standardizing international operations as much as possible, yet being adaptable to the needs of local markets, a firm is utilizing a transnational strategy of globalization.

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Definitions:

Isolated

Being separated from others or feeling alone and disconnected from a social or physical environment.

Terror Management Theory

A psychological perspective that examines how humans deal with the fear of their own mortality, often through cultural beliefs, self-esteem, and personal significance.

System Justification Theory

A theory suggesting that people have a psychological tendency to defend and justify existing social, economic, and political systems, even at a disadvantage to themselves.

Social Identity Theory

A psychological theory that posits people categorize themselves and others into various social groups, influencing their behavior and attitudes.