A Company Pursuing a Regional Strategy

question 18

Multiple Choice

A company pursuing a regional strategy

• A)Has worldwide products and a worldwide value chain.
• B)Sells the same product using only minor modification in marketing and product offerings.
• C)Is similar to a company pursuing an international strategy.
• D)Attempt to gain location advantages of more global transnational combined with some of the local-adaptation advantages of the multidomestic company.

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Definitions:

Covenant Not To Compete

An agreement not to compete against a party for a set period of time within a designated geographic area.

Public Policy

Guiding principles and philosophies that underlie the laws and actions of a government, aimed at ensuring the public's general welfare.

Unenforceable

A term applied to a contract that, because of a law, cannot be enforced by the courts.

Substantive Unconscionability

Unconscionability that derives from one-sided, unjust, or overly harsh substance in a contract.