With the Home Replication Strategy ________

question 87

Multiple Choice

With the home replication strategy ________.

• A) the firm utilizes the core competency of the firm or firm-specific advantage it developed in domestic markets as its main competitive weapon in the foreign market it enters
• B) the firm views itself as a collection of relatively independent operating subsidiaries
• C) the firm views the world as a single marketplace and has as its primary goal the creation of standardized goods and services that will address the needs of customers worldwide
• D) the firm assigns responsibility for various organizational tasks to the unit of the organization best able to achieve the dual goals of efficiency and flexibility

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Definitions:

Bulk Discounts

Price reductions offered to buyers when they purchase large quantities of goods, used as an incentive for larger orders.

Supermarket Strategies

Marketing and operational tactics used by grocery stores to attract customers, enhance shopping experience, and increase sales.

Rational Decision Makers

Individuals or entities that make choices by systematically processing available information, evaluating the potential costs and benefits, aiming to achieve the maximum level of satisfaction.

Economic Behaviors

Actions or decisions of individuals, households, and organizations regarding production, distribution, and consumption of goods and services.