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

question 95

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 lower costs,companies should choose a(n) ________ strategy or ________ strategy in order to compete in the global marketplace.

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

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Definitions:

School Performance

School performance refers to how well students accomplish their educational tasks and meet the academic requirements of their grade level, often measured through grades and standardized tests.

Positive Correlation

A relationship between two variables where an increase in one variable is associated with an increase in the other.

School Performance

A measurement of academic achievement usually based on grades, standardized test scores, and other criteria.

Unknown Validity

A term indicating that the effectiveness, accuracy, or effect of something cannot be verified or confirmed.