The Strategic Objectives for a Multinational Corporation to Adopt Globalization

question 10

Multiple Choice

The strategic objectives for a multinational corporation to adopt globalization strategy include: Please select all that apply.

• A) Achieving efficiency
• B) Innovation, learning, and adaptation
• C) Managing risks
• D) Recovery of the costs of expensive R&D more quickly

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Definitions:

Accord and Satisfaction

A legal settlement where two parties agree to resolve a dispute by the debtor providing payment or performance that is different from what was originally owed.

Operation of Law

Changes in legal rights or obligations that occur automatically due to legal rules, rather than the action of any party.

Contract

An agreement recognized by law, involving multiple parties, that details their responsibilities and privileges.

Maslow's Hierarchy

A theory in psychology that arranges human needs into a hierarchical order, where basic needs must be fulfilled before higher-level needs can be addressed.