When Firms Expand into Global Markets,they Are Faced with the Choice

question 60

Multiple Choice

When firms expand into global markets,they are faced with the choice of reducing costs and/or adapting to the local market.When high pressures exist to adapt locally,companies should choose a(n) ________ strategy or ________ strategy in order to compete in the global marketplace.

• A) global; transnational
• B) global; multidomestic
• C) international; global
• D) transnational; multidomestic

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Definitions:

Spatial Skills

The ability to recognize and manipulate objects and their relationships in space, including understanding dimensions, directions, and distances.

Self-Esteem

is the subjective evaluation of one's own worth, including beliefs about oneself and emotional states such as pride and despair.

Spatial Ability

The capacity to understand, reason, and remember the spatial relations among objects or space.

Masters And Johnson

Researchers who conducted pioneering studies on human sexuality and sexual response during the 1950s and 1960s.