By Standardizing International Operations as Much as Possible, Yet Being

question 28

True/False

By standardizing international operations as much as possible, yet being adaptable to the needs of local markets, a firm is utilizing a transnational strategy of globalization.

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Definitions:

First-Assignment-in-Time Rule

A principle stating that the party who first receives an assignment or right will have priority over others in certain legal contexts.

Intended Beneficiary

A person or group for whom a benefit is intended, especially in the context of a contract or agreement.

Delegatee

A person or entity to whom duties, powers, or responsibilities have been transferred by a delegator.

Anti-Assignment Clause

A provision in a contract that prohibits the transfer of rights or delegation of duties to another party without prior consent.