Regional Strategies Are More Appropriate Than Global Strategies for Firms

question 69

Multiple Choice

Regional strategies are more appropriate than global strategies for firms that operate in ________.

• A)multidomestic industries
• B)high-tech industries
• C)newly emerging industries
• D)mature industries

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Definitions:

Operating Activity

Operating activity involves the primary functions of a business that relate to its provision of goods and services to the market.

Expenses

Assets used up or services consumed in the process of generating revenues.

Retail Business

A business that sells goods or services directly to consumers for personal or household use.

Service Business

is a type of business that provides intangible products or services to consumers instead of physical goods.