Melanie Would Like to Become a Part of the Global

question 27

Multiple Choice

Melanie would like to become a part of the global retail community. Which of the following options should Melanie consider as her first step?

• A) She should engage in global sourcing.
• B) She should engage in licensing.
• C) She should engage in franchising.
• D) She should develop strategic alliances with foreign companies.

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Definitions:

LEO

Low Earth Orbit, a region of space around the Earth at altitudes between 160 to 2,000 kilometers, often used for satellites that require close communication with Earth.

MEO

Medium Earth Orbit, a region of space around the Earth above low Earth orbit (LEO) and below geostationary orbit (GEO), often used for satellites.

VEO

Vehicle Explosive Ordnance; often referring to explosive devices that are used or intended to be used in vehicles for malicious purposes. (If definition incorrect due to different VEO context, consider as "NO.")

Global Coverage

The extent to which a service or product is available across different geographical locations around the world.