Which of the Following Is Necessary for Local Responsiveness to Effectively

question 85

Multiple Choice

Which of the following is necessary for local responsiveness to effectively increase a firm's competitiveness?

• A) Local managers need to be able to make decisions based on local needs.
• B) Corporate executives must standardize marketing and merchandising.
• C) Employees must be hired and trained only within a local region.
• D) A firm's bankers and financial managers must be locally based.

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Definitions:

Rorschach Test

A psychological test involving inkblots to analyze a person's personality traits and emotional functioning.

Exuberant

Describes an effusive, unrestrained, or enthusiastic nature, often involving lively energy or excitement.

Personality Trait

Enduring, distinctive patterns of thinking, feeling, and behaving.

Cattell's

Cattell's refers to the theories and psychometric tests developed by psychologist Raymond Cattell, who emphasized the use of factor analysis in understanding personality and intelligence.