In Which of the Following Circumstances Does a Global Standardization

question 47

Multiple Choice

In which of the following circumstances does a global standardization strategy make the most sense?

• A) Global market standardization is not possible, and there are no significant economies of scale to be realized from centralizing global manufacturing.
• B) Global market standardization is possible, but there are no significant economies of scale to be realized.
• C) Global market standardization is not possible, but there are significant economies of scale to be realized from centralizing global manufacturing.
• D) Consumer tastes and preferences differ among national markets, and economies of scale are insubstantial.
• E) Global market standardization is possible, and there are significant economies of scale and location economies to be realized.

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Definitions:

Physician

A professional who practices medicine, which is concerned with promoting, maintaining, or restoring health through the study, diagnosis, prognosis, and treatment of disease, injury, and other physical and mental impairments.

Thyroid Uptake and Scan

A diagnostic test that measures the thyroid gland's ability to absorb iodine from the bloodstream, often using a small amount of radioactive substance.

Eating Fish

The consumption of fish as part of a diet, which can provide essential nutrients like omega-3 fatty acids.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders, offering limited liability but facing double taxation.